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Thursday, April 9, 2009

L&T wins order worth Rs6.05bn

Larsen and Toubro has bagged orders worth Rs6.05bn from the Water and Steel sectors in the last quarter of FY09.

The company has secured three orders aggregating Rs4.16bn from the Water Sector and another order of Rs1.89bn from the Steel Sector.

Water Sector

The Company bagged a Rs 1.65bn order from the Rural Water Supply & Sanitation Department, Government of Andhra Pradesh, for supply of potable water to 152 inhabitations in the Ananthapur district of the state. The project is to be completed in 15 months. At present, L&T is already executing water supply projects worth Rs 3.19bn in Ananthapur district.

L&T has also won a Rs 1.33bn EPC contract from Delhi Jal Board for design & laying of MS pipeline from the Dwaraka Water Treatment Plant to various areas of Dwaraka, Nazafgarh, Daulatpur, Ujwa and IGI airport (Package 3). The project is to be completed in 21 months. At present, L&T is executing the Dwaraka water supply scheme (package 1A) in Delhi for Rs 2.48bn.

The company has also secured a Rs 1.18bn order from Utkal Alumina International Ltd for design & construction of raw water intake structure, raw water transmission pipeline & reservoir works at their Alumina Plant at Kayagada District, Orissa, to be completed in 17 months. L&T is already executing Civil & Structural Works for this Alumina Plant for Rs 455 Cr.

Steel Sector

In the steel sector, the Company has won an order of Rs 1.89bn from SAIL-IISCO Steel Plant for Civil Works for Rolling Mill, BOF, CCP LDCP Complex, Lime Dolomite Plant at Burnpur, West Bengal, to be completed in 12 months. The company is already executing the Sinter Plant & Raw Material Handling plant on EPC basis. Securing this new order reinforces the confidence placed on L&T by SAIL, one of its major customers."

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