Business & Economy

L&T Construction wins orders valued at Rs 1504 crore in February

NetIndian News Network

Mumbai, February 27, 2013

Infrastructure major Larsen & Toubro (L&T) today said that its construction division had secured new orders valued at over Rs 1504 crore across various business segments in February this year.
A press release from the company said its Water & Solar Business has bagged new orders both in domestic and international markets. Its Water and Effluent Treatment Business has won orders valued at more than Rs 621 crores. 
Under the Design Build and Operate (DBO) model, L&T Construction will construct a sewerage network and waste water treatment facility for Bhatpara Municipal Town – a project of the Kolkata Metropolitan Development Authority.
Another order is from the Kolkata Municipal Corporation for the construction of 110 MGD raw water pumping station, raw water transmission main, 50 MGD water treatment plant and clear water pumping station at Kolkata. 
On the international front, the company has secured an additional order from Qatar for its ongoing project for re-use and waste water treatment. 
L&T Construction’s Solar Business Unit, the largest EPC player in solar power projects in India, has won new EPC orders worth Rs 413 crores from Kiran Energy for the construction of Solar PV plants in Tamil Nadu.
In the Power Transmission & Distribution business, L&T construction has won a new order 
worth Rs 265 crores from the Tamil Nadu Generation & Distribution Corporation Limited 
(TANGEDCO) for power distribution work across various districts in Tamil Nadu.
In the Heavy Civil Business, various additional orders worth Rs 205 crores have been secured from ongoing projects, the release added.

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