
L&T Construction Bags Rs 2,170 Cr New Orders
L&T Construction (L&T C), the construction arm of the Mumbai-based engineering firm Larsen & Toubro Ltd (L&T), has won new orders worth Rs 2,170 crore across its various business segments. Of the total orders, Rs 1,169 crore worth orders have been secured by the power transmission and distribution business of the company.
“Consolidating its position in the substation segment of highest voltage level in Oman, the business has secured an order from Oman Electricity Transmission Company SAOC for turnkey construction of the 400/132 kV Qabel Grid Station and associated works”, the company said in a filing on Friday.
The business has also secured two more orders from some reputed customers for design, supply, construction and commissioning of five 132 kV substations in the UAE.
On the domestic front, the business has won a contract from West Bengal State Electricity Distribution Company Ltd for strengthening the sub-transmission and distribution network in the urban area of Nadia district, West Bengal under the Integrated Power Development Scheme.
Further, the water and effluent treatment business of the company has won an order worth Rs 360 crore. An engineering, procurement and construction order has been bagged from Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation Ltd (RUDSICO), Government of Rajasthan, under the Union government’s Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme for the execution of a sewerage project with treatment facilities spread across three towns namely Bharatpur, Gangapur and Hindaun.
The scope of the project includes constructing 354 km of sewerage network, providing more than 40,000 house connections and building eight sewage treatment plants of total capacity 24.75 million litres per day (MLD) using Sequential Batch Reactor (SBR) Technology.
Of the remaining orders, the building and factories business has secured an order worth Rs 320 crore from a renowned client to construct commercial and residential towers in Mumbai. The scope of the works includes civil shell and core, and finishing works.
The business has also secured additional orders worth Rs 321 crore from its existing clients across various business segments. L&T shares were trading in red at Rs 1,463.35, down 0.79% from the previous closing of Rs 1,475, on BSE at 11.16 am today.
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