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L&T Construction wins orders valued Rs 1,672 crores

India Blooms News Service | | Mar 15, 2016, at 06:24 pm

Mumbai, Mar 15 (IBNS) The Construction arm of Larsen & Toubro Limited (L&T Construction) has won orders worth Rs 1,672 crores across its various businesses.

The company's Buildings & Factories business has bagged new orders worth Rs 967 crores.

It bagged an order from UP Avas Vikas Parisad for the engineering, procurement and construction of a multi-storied residential project in Lucknow. The scope involves civil, structural, mechanical, electrical, plumbing and finishes.

The business received another turnkey order from a leading developer in Mumbai for the construction of a multi-storied residential building and retail space. The scope involves civil, structural, mechanical, electrical, plumbing and finishes.

The Power Transmission & Distribution business (PT&D) has bagged new orders worth Rs 580 crores in the international markets.

The business has secured a breakthrough EPC order in Ethiopia from the Ethiopian Electric Power for the construction a 400/230/15 kV substation and three 230/15 kV substations at various locations. These substations will be critical in improving the energy infrastructure of the country. The project is funded by the French Development Agency.

PT&D has also received an order in South East Asia from a reputed customer for the establishment of a high-voltage substation, which will be executed on an engineering, procurement and construction basis.

Additional orders worth Rs125 crores have also been received from ongoing jobs of L&T Construction’s Water & Effluent Treatment business.

Larsen & Toubro (I&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion in revenue. It operates in over 30 countries.

#L&T construction # UP Avas Vikas Parisad # Power Transmission & Distribution business

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