Larsen & Toubro Ltd.
11.50 (0.30%) L&T’s arm bags order worth Rs 1002 crore across various business segments
Date: 29-06-2012Larsen and Toubro Construction (L&T Construction), wholly owned subsidiary of Larsen and Toubro (L&T) has secured new orders worth over Rs 1002 crore across various business segments in June. The Power Transmission and Distribution IC has secured new orders in both domestic and international markets.
A major order worth Rs 846 crore has been bagged from West Bengal State Electricity Distribution Company for Rural Electricity Infrastructure in villages in Jalpaiguri, East Midnapur, West Midnapur and Malda district of West Bengal under the Backward Region Grant Fund Scheme (BRGF).
On the international front, the orders worth Rs 156 crore has been secured from reputed customers in Qatar for electrical network power quality improvement work including additional orders in ongoing projects in Middle East.
L&T Construction is the largest construction organization in the country. It figures among the World’s 77th Top Contractors and ranks 29th in global ranking as per the survey conducted by the reputed international construction magazine Engineering News Record, USA (August 2010).