L&T Construction gets Rs 2,048-crore job orders
Daily Excelsior
08:30 AM Nov 06, 2015 IST
NEW DELHI, Nov 5: The construction arm of Larsen & Toubro won orders worth Rs 2,048 crore across various business verticals in October 2015.����������� The cumulative orders include deals bagged by its power transmission and distribution division, transportation infrastructure and buildings and factories unit.����������� The company's power transmission and distribution division won orders worth Rs 758 crore in both international and domestic markets, L&T Construction said in statement.����������� "On the international front, Larsen & Toubro Saudi Arabia LLC, a fully-owned subsidiary of L&T, has bagged an order against stiff competition from local players for the construction of four 132 kv substations in Riyadh from National Grid, Saudi Arabia, a subsidiary of Saudi Electricity Company," the statement said.����������� These projects are in the Central Province of Saudi Arabia and will be completed in 22 months, it said.����������� In the domestic market, the company's power unit landed an order from Power Grid Corporation of India Limited for engineering, procurement and construction of a 765 kv GIS sub-station package at Aligarh under the Interregional System Strengthening Scheme.����������� Similarly, L&T's transportation infrastructure unit secured orders worth Rs 732 crore from the National Highway Authority of India (NHAI) for construction of a six-lane elevated corridor from Chandigarh to Kharar in Punjab.����������� "This project is to be completed in 30 months and involves the construction of 10.18 km of four-lane dual carriageway along with three elevated corridors of a cumulative length of 3.37 km," the statement said.����������� The transport unit also bagged an order from the Lucknow Metro Rail Corporation Limited for the design, supply, installation, testing and commissioning of receiving-cum- auxiliary main-cum-traction sub stations, including high voltage cabling from grid sub-station.����������� The buildings and factories unit of L&T secured two orders worth Rs 558 crore, including add-ons during the month.����������� "An order has been received from a leading real estate developer for the construction of 13 residential towers in Chennai. Another order has been bagged from a reputed cement producer for setting up its cement plant in Rajasthan which is an expansion of its existing two lines," the statement read. (PTI)
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