Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3867.40
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L&T Construction secures orders worth Rs 1,076 crore

Date: 15-06-2012

L&T Construction has won new orders worth Rs 1,076 crore across various businesses during the first quarter of 2012-2013. Under the Metallurgical & Material Handling IC segment, it has bagged an order worth  Rs 407 crore from Bajaj Infrastructure Development Corporation (BIDCO) to set up a coal handling system on turnkey basis for their green field 3 x 660 MW Super Thermal Power Project in Lalitpur at Uttar Pradesh.

This coal handling plant package will be completed on a fast track schedule of 22 months. L&T’s scope of work includes design, engineering, supply and erection of mechanical, electrical and instrumentation works, covering associated civil, structural works, testing and commissioning.

Under the Power Transmission & Distribution IC, it has secured new orders worth Rs 669 crore in domestic and international markets. A major order has been bagged for the construction of 132/33 kV substations and other modification works in the Middle East. On the domestic front, a new order has been secured for executing electrical works under Restructured Accelerated Power Development Reforms Programme for the Hubli Electricity Supply Company and a few additional orders from various ongoing projects.

Larsen & Toubro is an $11.7 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.