L and T Construction wins Rs 3700 cr orders

Mumbai, Apr 2 : L and T Construction on Tuesday announced it has secured new orders valued over '3700 crores across various business segments in March 2013.

The Building and Factories Business has bagged new orders worth '1986 crores for the construction of residential towers and commercial development across India.

The Power Transmission and Distribution Business has secured new orders worth '1097 crores.

A major order was secured from Punjab State Power Corporation Limited for the execution of R-APDRP (Part B) Project on turnkey basis at Amritsar, Jalandhar and Ludhiana city.

The scope includes construction of 66/11kV and 33/11kV grid substations, 11kV distribution lines, distribution transformer centers, underground cabling, package substations, installation of ring main units and static energy meters.

Another order was received from Power Grid Corporation of India Limited for the construction of a 400 kV pooling station at Tuticorin, Tamil Nadu.

The Solar Business Unit, the largest EPC player in solar power projects sector in India, has won new EPC orders worth '373 crores for the construction of Solar PV Plants in Rajasthan and Tuticorin, Tamil Nadu.

Additional orders worth '244 crores have been bagged from various ongoing jobs in the Infrastructure and Metallurgical and Material Handling Business.

Larsen and Toubro (L and T) is a USD 13.5 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

--IBNS (Posted on 02-04-2013)

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