L&T Construction wins orders worth Rs. 2,458 cr.

Infrastructure major Larsen and Toubro (L&T) recentlysaid its construction arm has won orders worth Rs. 2,458 crore.

'L&T Construction has won new orders worth Rs. 2,458 crore across various business segments in May, 2014,' the company said in a statement.

Orders worth Rs. 1,634 crore were bagged by L&T Construction's power transmission & distribution business.

'A major international EPC (engineering, procurement and construction) order from Qatar General Electricity & Water Corporation (KAHRAMAA) has been received for supply, construction and commissioning of 6 EHV substations in Qatar. The total value of the order is Rs. 1,470 crore,' it said.

The company said the contract includes design and construction of civil buildings with a complete set of utilities such as air-conditioning, fire protection and lighting systems.

The project is scheduled for completion in phases starting from 16 to 44 months.

'The two packages which we are currently executing for KAHRAMAA are progressing well and this order, which has been won in the face of stiff global competition, reflects the growing confidence of L&T's capability,' said SN Subrahmanyan, Member of the Board and Senior Executive Vice President (Infrastructure and Construction).

BS