L&T Construction bags contracts worth $617m

WCN Editorial Team 13 Nov 2017 ASIA BUSINESS

L&T Construction, the construction arm of Indian-based Larsen and Toubro (L&T), has bagged contracts of worth approximately INR40.2bn ($617.4m) across various business segments.

L&T said that its heavy Civil Infrastructure business has secured orders cumulatively worth INR19.06bn ($292.5m) including a major government order worth INR18.2bn ($280m).

The company won the contract in a joint venture with an international partner – Seaport Dredging – for the construction a number of marine facilities.

Additionally, L&T Geostructure, an arm of the Heavy Civil Infrastructure business, has won an order from BHEL for the execution of piling works for the Ennore SEZ Super Thermal Power Project in Chennai.

L&T Buildings & Factories business has been awarded a contract valued at INR8.3bn ($127.3m) from a reputed client for the construction of a cancer hospital in Muscat, Oman. Under the terms of the contract, L&T will equip the hospital with facilities such as ICUs, high dependency units, chemotherapy bays, medical imaging units, oncology radiation units, etc.

L&T said that its Water & Effluent Treatment business has received engineering, procurement and construction orders worth INR7.9bn ($121m).

Separately, Uttar Pradesh Jal Nigam has awarded a contract for the construction of the Kanpur Water Carrier System. The company will carry out survey, design, laying of water pipeline system, intake structures and other allied works for conveying raw water from Bidhnu canal to an upcoming thermal power plant at Kanpur.

L&T has also bagged two orders from Public Health Engineering Department of a major state to provide Rural Water and Fluorosis mitigation. The scope of contract comprises supply, laying and commissioning of distribution network, construction of clear water reservoirs, elevated storage reservoirs and house service connections.

L&T’s Power Transmission & Distribution business has bagged orders worth INR3.42bn ($52.5m) from from Nepal Electricity Authority for the design, supply, installation and commissioning of the Kushma – New Butwal 220 kV Transmission.

Furthermore, L&T’s Smart World Communication business won an INR1.57bn ($24m) contract from Raipur Smart City Limited for the implementation of Intelligent Traffic Management System (ITMS), City Surveillance System and Integrated Command Control Centre in Raipur City.

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