includes 143 Mn USD worth International Orders
Mumbai, March 03, 2015: The construction arm of L&T has won orders worth ` 2215 crores across various business segments over the last two months.
Power Transmission & Distribution Business:
The Business has secured new orders worth ` 1137 crores from both the domestic and international markets.
Major turnkey orders were received from Paschimanchal Vidyut Vitran Nigam Limited and Purvanchal Vidyut Vitran Nigam Limited to improve the power distribution systems at Ghaziabad and Varanasi respectively. Developed under the R-APDRP schemes, L&T’s scope of work involves system improvements, strengthening and augmentation of power distribution system to reduce ATC losses and improve consumer supply with SCADA compatibility.
Larsen & Toubro Oman LLC (LTO), a subsidiary of L&T, has bagged an order from Oman Electricity Transmission Company S.A.O.C for the turnkey construction of a 132/33 kV substation at Izki Phase III. The 400 kV phase is being executed by the subsidiary.
Additional orders have also been received from various ongoing jobs of the business.
Buildings & Factories Business:
The Business has secured a new international order including add-ons in the domestic market worth ₹ 962 crores.
LTO has won a repeat order worth ` 732 crores (119 Mn USD) from a prestigious client for the construction of a commercial project and its site-wide infrastructure in the Sultanate of Oman. The scope involves civil, structural, architectural, electro-mechanical, finishes, specialty lighting, lifts, ICT systems, landscaping, water features, swimming pools and car parking. The project is scheduled to be completed in 25 months.
Additional orders worth ` 116 crores have also been received from other businesses of L&T Construction.
Background:
Larsen & Toubro is a major Indian multinational engaged 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 for over seven decades.
* L&T Construction is a brand of Larsen & Toubro