Larsen & Toubro wins Rs 1,577 crore contracts

The construction arm of L&T has won new orders worth Rs. 1577 crores across various business segments in September 2014.

Buildings & Factories Business:

The Buildings & Factories business has bagged a major residential order worth Rs. 1231 crores from a prestigious private developer for the construction of two residential towers (208 mtrs and 232 mtrs) in Mumbai. The towers comprise of three basements, a ground and a podium each with 53 and 60 floors respectively. L&T’s scope includes civil, structural, finishing and MEP works.

Power Transmission & Distribution Business:

The Power Transmission & Distribution business has won orders worth Rs. 346 crores.

A major turnkey order has been received from the Tamil Nadu Transmission Corporation Limited (TANTRANSCO) for the supply, erection, testing and commissioning of a 400 kV D/C transmission line between Korattur–Thervaikandikai-Manali in Chennai. Another EPC order has been received from a private power venture to establish a 400kV double circuit transmission line in Rajasthan and Madhya Pradesh.

The business also bagged a contract from the Power Grid Corporation of India Limited for executing 400/220 kV GIS Substation at Pandiabil in Odisha and is also associated with the eastern region transmission system strengthening scheme. The contract is for onshore supply, installation, construction of civil buildings, testing and commissioning of substation equipment.

Background:

Larsen & Toubro is a major Indian multinational in technology, engineering, construction, manufacturing and financial services, with global operations. Its products and systems are marketed in over 30 countries worldwide. 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.

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