Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3834.00
-21.90 (-0.57%)
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L&T Construction bags order worth Rs 1,875 crore

Date: 30-03-2012

L&T Construction, the Engineering Construction and Contracts division of L&T has won new orders valued over Rs 1,875 crore across various business segments in March 2012. Under the Power Transmission & Distribution IC, it has secured new orders in both domestic and international markets from reputed customers. Domestic orders worth Rs 701 crore include a major order from the Tamil Nadu Electricity Board for the construction of 148km, 400kV DC (Quad) transmission line from Pugalur to Pandiankuppam in Tamil Nadu. The project will be completed in 18 months.

Besides, the company has bagged two additional orders for construction of substations at Malaysendra from Karnataka Power Transmission Corporation and at Jind, Haryana from Power Grid Corporation of India. International orders, valued at Rs 194 crore, include those for construction of a 220/33 kV substation and various orders for ongoing projects at UAE.

Under the Building & Factories IC, the company has bagged new orders aggregating Rs 841 crore. This includes construction of residential apartments in Chennai and Mumbai from leading developers. Another new order has been received for construction of a mall in Bangalore.

Further, in the Solar Business Unit, L&T Construction has secured orders worth Rs 139 crore from reputed developers for the construction of a 5.75 MW Solar PV plant on EPC basis in Rajasthan and general civil works for 1x125 solar thermal power project in Gujarat.