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L&T Construction bags orders worth Rs 1458 crores

The orders include an international contract for power grid project from Saudi Arabia and a contract to construct a new paint manufacturing facility in Karnataka

L&T Construction bags orders worth Rs 1458 crores
BS B2B Bureau Mumbai
Last Updated : Sep 02 2016 | 11:57 AM IST
L&T Construction, the construction arm of Larsen & Toubro Limited (L&T), has won orders worth Rs 1458 crores across its various business segments.

Its power transmission & distribution business has bagged engineering, procurement & construction (EPC) orders worth Rs 654 crores in the international and domestic markets. In the international market, it has secured a contract from the National Grid Saudi Arabia (a subsidiary of Saudi Electricity Company) for the construction of a 132 kV double circuit transmission line and 132 kV cabling in the Rafah, Arar, and Sakaka areas of Saudi Arabia.

On the domestic front, L&T has bagged an order, under Integrated Power Development Scheme (IPDS), from Kanpur Electricity Supply Co Ltd (KESCo). The Urban Electrification project involves design and construction of new substations, feeders and upgradation of electricity network of Kanpur city in Uttar Pradesh. The project is expected to improve availability, reliability and quality of power supply in the district.

Another order has been received from Power Grid Corporation of India for the construction of Gas insulated substations in Vadodara, Navasari, Pune, and Gwalior cities. An additional order has also been bagged in an ongoing project of the business.

L&T Construction’s building & factories business has bagged projects worth Rs 518 crores in the domestic market. The company has secured a contract from a reputed paint manufacturing company for the construction of a new manufacturing facility in Karnataka. The project scope includes civil and allied structural works.

Its smart world & communication business has bagged an order worth Rs 200 crores from Bihar State Electronics Development Corporation (BSEDC) for the implementation of a Wi-Fi project in the campuses of government universities, constituent colleges and other premier academic institutions in Bihar.

The company has also bagged additional orders worth Rs 86 crores for various other ongoing projects.

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First Published: Sep 02 2016 | 11:50 AM IST

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