L&T Construction Wins Orders Valued Rs. 1,832 Crores

L&T Construction has won new orders worth ` 1832 crores from across various business segments in July and August 2014.

Buildings & Factories Business:

The Buildings & Factories business has bagged orders worth ` 1008 crores.

A turnkey order was received from a private developer for residential towers at Kolkata. L&T’s will construct 5 towers of up to 29 floors, a club house and other amenities involving all civil, finishing, electrical, plumbing, firefighting, landscaping and allied work.

Another order is for the construction of a 246 m high, 60 floor residential tower for a major residential developer in Mumbai.

Additional orders have also been received from various ongoing jobs of the business.

Power Transmission & Distribution Business:

The Power Transmission and Distribution business has bagged orders worth ` 624 crores from the international market.

A key order has been bagged by L&T Oman LLC, a subsidiary of Larsen & Toubro Limited from Oman Electricity Transmission Corporation for engineering, procurement and construction of a new 400/220 kV grid substation at Misfah. The contract includes supply and erection of 400 kV Gas Insulated Switchgear, 500 MVA transformer, control relay panels, substation control systems and all associated civil work.

In Saudi Arabia, the Company has received an order from an EPC major for the design, fabrication, galvanization, type-testing and supply of 380 kV level lattice type transmission line towers along with associated tower parts and accessories. The towers will be manufactured and exported from L&T’s state-of-the-art manufacturing facility in Puducherry.

Additional orders worth ` 200 crores have also been received from various ongoing jobs in the Heavy Civil Infrastructure Business.

Background:

Larsen & Toubro is a USD 14.3 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. Its products and systems are marketed in over 30 countries worldwide. L&T is one of the largest and most respected companies in India’s private sector. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decades.

* L&T Construction is a brand of Larsen & Toubro