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L&T Construction bags orders worth Rs 2,271 crores

India blooms News Service | | Mar 31, 2016, at 09:21 pm

#L&T Construction bags

Mumbai, March 31, 2016: Larsen & Toubro Limited announced on Thursday that its Construction arm has won orders worth Rs 2, 271 crores across its various business segments, including a major commercial development and a transmission line order in Thailand.

Its Buildings & Factories Business has bagged a major turnkey order worth Rs 1,500 crores from a leading developer to construct a world-class Mixed Used Development in New Delhi.

The project includes construction of a convention centre, business centre tower and two hotel towers as part of the overall development. L&T’s scope of work Involves civil, structural, architectural, mechanical, electrical, plumbing and finishing works.

The Defence segment under the company's Heavy Civil Infrastructure Business, has bagged a construction order worth Rs 450 crores for the upgradation works at Air Force Academy, Hyderabad.

The scope involves resurfacing and extension of main runway and parallel taxi track, widening of tracks, earth filling and allied works. This is part of the overall upgradation of all the bases in the country.

The Power Transmission & Distribution Business has bagged new orders worth Rs 321 crores in both the domestic and international markets.

The company said that its business strategic initiative to foray into South East Asia got a fillip after receiving an order from Electricity Generating Authority of Thailand (EGAT) for the engineering, procurement and construction of 500 kV Transmission Line for the Thai/Laos Border Crossing.

On the domestic front, the business secured an order for engineering, procurement and construction of 765 kV double circuit Bhuj Banaskanta transmission line (part-1) from Power Grid Corporation of India Limited, which is associated with Green Energy Corridor.

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