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APR 01 2016

L&T Construction wins contracts worth Rs 2,271 crore

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 01st APR 2016

Infrastructure major Larsen & Toubro (L&T) has won Rs 2,271-crore orders that include a major commercial development and a transmission line contract in Thailand.

 "The Construction arm of Larsen & Toubro Ltd has won orders worth Rs 2,271 crore across its various businesses. Buildings & Factories Business has bagged a major turnkey order worth Rs 1,500 crore from a leading developer to construct a world-class Mixed Used Development in New Delhi," the company said in a statement today.

 The project includes construction of a convention centre, business centre tower and two hotel towers as part of the overall development.

 L&T's scope of work involves civil, structural, architectural, mechanical, electrical, plumbing and finishing works.

 Besides, the company said the Heavy Civil Infrastructure business in its defence segment, has bagged a construction order worth Rs 450 crore for the upgradation works at Air Force Academy, Hyderabad.

 The scope involves resurfacing and extension of main runway and parallel taxi track, widening of tracks, earth filling and allied works.

 This is part of the overall upgradation of all the bases in the country.

 The statement said its Power Transmission and Distribution business has bagged new orders worth Rs 321 crore in both the domestic and international markets.

 "As a part of business strategic initiative to foray into South East Asia, a breakthrough order is received from Electricity Generating Authority of Thailand (EGAT) for the engineering, procurement and construction of 500 kV Transmission Line for Thai/Laos Border Crossing," the statement said.

 On the domestic front, an order is received for engineering, procurement and construction of 765 kV double circuit Bhuj Banaskanta transmission line (part-1) from Power Grid Corporation of India Limited, which is associated with Green Energy Corridor.

 Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $15 billion in revenue. It operates in over 30 countries.


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