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Provider: Motilal Oswal Securities Ltd.

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Larsen & Toubro Ltd Bags Orders Worth INR1,002 Crore (INR10.02 Billion)-Business Standard

Wednesday, 12 Dec 2012 09:08am EST 

Business Standard reported that Larsen & Toubro Ltd has bagged orders worth INR1,002 crore (INR10.02 billion) across business segments from both, domestic and international markets in last one month. L&T Construction has secured a slew of new orders valued over INR1,002 crore (INR10.02 billion) across various business segments in November and till date in December 2012. Among the orders, the Company secured INR742 crore (INR7.42 billion) orders in the power transmission and distribution business, including a major order secured in Qatar for setting up of a 220 kV, 515 MVA cable system and for the construction of a 220/66/11 kV substation. Besides, it won an EPC (Engineering, Procurement and Construction) order from Tamil Nadu Transmission Corporation and a turnkey order from West Bengal State Electricity Transmission Company for construction of seven transmission lines in West Bengal. In addition, L&T Construction has secured orders worth INR260 crore (INR2.6 billion) from ongoing projects across various business units.