Monday 16 September 2013

L&T’s arm bags Orders worth Rs 1793 crore

Larsen & Toubro's (L&T) subsidiary -L&T Construction has won new orders worth Rs 1793 crore across various business segments in July, August and September 2013. In the Metallurgical and Material Handling Business, the company has bagged new orders worth Rs 550 crore. The business secured a major order from Northern Coat Fields Limited, a subsidiary of Coal India Limited, for engineering, procurement and construction of a coal handling package at Singrauti, Madhya Pradesh. The segment also received another order for supply and erection of 700-litre bucket wheel excavators from the Neyveti Lignite Corporation. Additional orders from various existing jobs have also been received.

In the Power Transmission & Distribution Business, the company has secured new orders worth Rs 118 crore from Power Grid Corporation of India. The orders have been received for supply, erection, testing and commissioning of tower package for 400 KV S/C & D/C transmission line at Kurnool and Nagapattinam under the transmission system associated with Krishnapatnam Ultra Mega Power Projects (UMPP)-Part C1 and design, engineering, supply, erection, testing and commissioning of 400 KV Nagapattinam GIS Pooling station (upgracleable to 765KV) under the common transmission system associated with Inter State Generator Station projects(ISGS) in Naga.pattinam and Cuddalore areas of Tamil Nadu.

Additional orders worth Rs 1125 crores have also been received from various ongoing projects of Heavy Civil Infrastructure and Water & Renewable Energy Businesses.

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