Larsen and Toubro bags Rs.1,366 crore-worth orders from Gulf
June 21st, 2011 - 6:41 pm ICT by IANSMumbai, June 21 (IANS) Construction and engineering major Larsen and Toubro Tuesday said its construction division has bagged engineering, procurement and construction (EPC) orders worth Rs.1,366 crore (about $300 million) in the power transmission and distribution space from the Gulf region.
“The order includes construction of 225 km overhead transmission line, 66 km of underground cabling, including eight substations and associated cabling works,” the company said in a regulatory filing.
Larsen and Toubro Saudi Arabia LLC, a fully-owned subsidiary of the company, has bagged the largest order of Rs.597 crore order for construction of 225 km of 380 KV transmission line project.
The scope of the work includes engineering, supply and installation and commissioning of towers, conductors, insulators and fitting. The project will be completed in 24 months.
The company has also bagged two EPC orders aggregating Rs.497 crore from the United Arab Emirates.
The first from Abu Dhabi Ports company valued at Rs.422 crore is for the construction of five medium voltage substations and associated 33 KV cabling works for Abu Dhabi Ports Company (ADPC) Khalifa project.
ADPC is responsible for development of Khalifa Port Project and this will replace the existing Mina Zayed port by 2012. This project is to be completed in 18 months.
The other order valued at Rs.75 crore, secured from Dubai Electricity and Water Authority, is for the construction of 132 KV cabling and associated works in 11 months.
The company also bagged a breakthrough order worth Rs.185 crore from Qatar General Electricity and Water Corporation for engineering, supply, installation, testing and commissioning of 66 km of 220 KV underground cabling works.
In addition, Larsen and Toubro (Oman) LLC has secured a Rs.87 crore order for the construction of 3 MV substations, including the associated 33 KV cabling works, from Muscat Electricity Distribution Company, to be completed in nine months.
At the Bombay Stock Exchange, the shares of the company closed 0.64 percent lower to trade at Rs.1,648.
- Larsen and Toubro bags Rs.1,210 crore Qatar project - Jul 20, 2011
- L&T's subsidiary bags Rs.2,503 crore-worth orders - Dec 31, 2010
- KEC International bags orders worth Rs.1,253 crore - Jan 04, 2012
- L&T; bags orders worth Rs.2,700 crore - Dec 07, 2011
- L&T bags orders worth Rs.1,383 crore - Jun 30, 2010
- Larsen and Toubro bags UAE orders worth $158 million - Dec 03, 2010
- KEC International bags new orders worth Rs.1,416 crore - Apr 20, 2012
- Larsen and Toubro bags Rs.2,592 crore orders - May 19, 2012
- L&T bags Rs.1,449 crore order for a Chhattisgarh power plant - Oct 19, 2010
- L&T; clinches Rs.2,164-crore road development project - Dec 13, 2011
- L&T; quarterly net profit rises 12 percent - Aug 08, 2011
- Larsen and Toubro bags order worth Rs.3,500 crore - May 16, 2011
- L&T bags orders worth Rs.1,181 crore - Mar 25, 2010
- Larsen and Toubro bags orders worth Rs.2,056 crore - Jan 02, 2012
- L&T bags orders worth Rs.1,100 crore - Mar 31, 2009
Tags: adpc, conductors insulators, construction division, distribution space, electricity distribution company, khalifa, kv transmission line, larsen and toubro, medium voltage substations, mv substations, overhead transmission line, power transmission and distribution, rs 1, rs 422, saudi arabia, transmission line project, united arab emirates, water authority, water corporation, zayed