Larsen & Toubro's construction unit secures contracts worth $355M

WCN Editorial Team 28 Jun 2016 ASIA BUILDINGS

Larsen & Toubro's construction unit has secured contracts worth INR24.16bn ($355.5M) across various business segments in June 2016.

The building & factories business segment has won orders worth INR11.65bn ($171.4M) for a high-rise residential project from a Mumbai-based developer.

The scope of work will include the civil and structural works for the construction of two residential towers, each having three basements, seven podiums, 66 floors and other ancillary buildings.

The business has also secured a contract for the construction of a mixed-use development from a customer in Kolkata. The project will involve the civil and structural works for the construction of two towers of 15 and seven floors respectively, with two levels of common basement.

The unit’s power transmission & distribution business has won orders worth INR11.2bn ($164.8M) in the domestic and international markets.

The business has secured an engineering, procurement and construction (EPC) contract from a customer in the Middle East. The scope of the work will include the construction of a medium voltage overhead line, which will enhance the reliability of the existing network.

On the domestic market, the unit has been awarded contracts from Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL) in Uttar Pradesh. The first contract includes the construction of 33kV substations and associated lines in Ghaziabad, while the second contract involves rural electrification, including feeder separation works in Meerut.

The smart world & communication business has won a contract valued at INR1.31bn ($19.2M) from RajCOMP Info Services for establishing and commissioning command & control centres at Bikaner, Bharatpur and Jodhpur cities under the Surveillance and Incident Response Project.

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