L and T wins Rs. 3,205 crore orders
The construction arm of heavy engineering major Larsen and Toubro (L and T) has won orders worth Rs.3,205 crore across its various businesses, the company has said.
The buildings and factories business has bagged Rs.2,018 crore of orders while its power transmission and distribution division got Rs.710 crore of new orders both in the domestic and international markets, the company said in a BSE filing. In the construction segment, the company got orders for a major turnkey high-rise residential project from a leading developer in Mumbai involving civil, structural, mechanical, electrical, plumbing and finishing works for six towers each with 55 to 60 floors. It also got orders from various existing customers for the development of commercial and residential spaces. For the power transmission part, it received a major turnkey order from Power Grid Southern Interconnector Transmission System, a subsidiary of Power Grid Corporation of India Ltd (PGCIL) for the construction of a 400 kV double circuit transmission line linking Cuddapah to Madhugiri. It also won a project of PGCIL to construct a765kV double circuit transmission line at Cuddapah. On the international front, L and T (Oman) LLC has received a turnkey order from Oman Electricity Transmission Company to construct 400 kV reactor transformers and associated works at Sur and Izki substations, the company said. Company's metallurgical and material handling business has won orders worth Rs.177 crore. With this order, it makes its first foray into the ash handling plant (AHP) business with direct customers. According to a statement, the company is to execute an AHP covering high concentration slurry disposal systems on an engineering, procurement and construction basis from NTPC Limited for the Tanda thermal power project in Uttar Pradesh. It has also secured an add on package for the CHP Anpara Power Project. An additional order worth Rs. 300 crore has been received from an ongoing job of the heavy civil infrastructure business, the company said.