i Develop Stocks Advisory

L&T wins Rs 1107 crore order from SAIL's TISCO Steel Plant at Burnpur Larsen & Toubro Ltd (L&T) has announced that the Company has bagged orders worth Rs 1107 crore from SAIL for the turnkey construction of Coal & Coke Handling Plant and Base Mix Preparation plant at IISCO Steel Plant, Burnpur, in West Bengal, ECC, L&T's construction division will execute this order. The scope of work for this order include basic and detail engineering; supply, erection of mechanical, electrical and instrumentation works; complete civil & structural works including testing & commissioning of the same. This turnkey project is to be completed in 26 months. Mr. K V Rangaswami, President (Construction) and member board of the Company said, "L&T is a leading player in the field of Bulk Material Handling Projects, and has been active in this field for over 27 years, catering to Steel, Power, Port and Cement sector requirements. Further, L&T is well known for its track record of high quality and on-time delivery." He further added "L&T has already signed a contract for executing the Sinter Plant Package for SAIL at IISCO Burnpur Steel Plant on a turnkey basis. With these orders L&T has emerged as the largest partner in the implementation of 2.5 mtpa modernization project at IISCO Burnpur".