L&T Construction bags Rs 2700 cr orders

Mumbai, Dec 7 (IBNS) L&T Construction has bagged new orders valued at Rs 2700 crore across various businesses during Oct/Nov, the company said on Wednesday.

In the Buildings & Factories segment, the Company secured new orders worth Rs 1109 crore from reputed customers for the construction of a major residential complex consisting of 23 towers of up to 29 stories.

The Company has also bagged an order for the construction of a warehouse facility.

In the Infrastructure segment, orders valued at Rs 353 crore has been secured for the construction of a viaduct, including two station buildings, for Kolkata Metro railway.

The other order, secured through Rail Vikas Nigam Limited, pertains to the construction of a viaduct and related work for the Kolkata Metro.

In the Power Transmission & Distribution segment, the Company has secured orders worth Rs 763 crore from various clients for construction of transmission lines, electrical works including substations.

In addition, the Company has secured orders valued at Rs 200 crore on the international front from Tatweer Petroleum, Bahrain for electrical projects including additional contracts from other clients for ongoing projects.

In yet another development, a major order has been secured from Delhi Jal Board worth Rs 272 Crore for the rehabilitation and automation of the existing 116 MGD (Million Gallons per Day) water treatment plant in Delhi.

Larsen & Toubro (L&T) is a USD 11.7 billion technology, engineering and construction group, with global operations.