L&T construction wins orders valued Rs. 1577 cr
Mumbai, Sept 22 (IBNS): The construction arm of L&T has won new orders worth Rs. 1577 crores across various business segments in September 2014.
The Buildings & Factories business has bagged a major residential order worth Rs.1231 crores from a private developer for the construction of two residential towers (208 mtrs and 232 mtrs) in Mumbai.
The towers comprise of three basements, a ground and a podium each with 53 and 60 floors respectively. L&T’s scope includes civil, structural, finishing and MEP works.
The Power Transmission & Distribution business has also won orders worth Rs. 346 crores.
The business also bagged a contract from the Power Grid Corporation of India Limited for executing 400/220 kV GIS Substation at Pandiabil in Odisha and is also associated with the eastern region transmission system strengthening scheme.
The contract is for onshore supply, installation, construction of civil buildings, testing and commissioning of substation equipment.
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