Larsen & Toubro Ltd.

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Large Cap | Engineering - Construction
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L&T’s construction arm bags orders worth Rs 2,275 crore

Date: 02-02-2018

Larsen & Toubro’s (L&T) construction arm -- L&T Construction -- has bagged orders worth Rs 2,275 crore across various business segments. The Water & Effluent Treatment Business has bagged orders worth Rs 1,255 crore. An EPC order has been secured from Bangalore Development Authority for executing Utility Development and Management for Nadaprabhu Kempegowda Layout on a Design, Build & Operate (DBO) basis for Package -1. Another EPC order has been secured from the Madhya Pradesh Jal Nigam Maryadit (MPJNM), Government of Madhya Pradesh, for providing water to the Seoni and Chappara Blocks of Seoni District.

The Power Transmission & Distribution Business has bagged major solar EPC orders worth Rs 590 crore. The NLC India (formerly Neyveli Lignite Corporation) has awarded an order for setting up of a 100 MW (AC) grid interactive solar photovoltaic power project in Tamil Nadu. The business has secured another order from SB Energy One of SoftBank Group, for building a 100MW (AC) solar photovoltaic power plant at Bhadla Phase III Solar Park in Rajasthan.

The Buildings & Factories Business has won an order worth Rs 430 crore. A repeat order has been received from a prestigious client for the construction of a residential project in Oman. The scope includes structure, architectural finishes, MEP services and external development.

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.