Economy & Market

Larsen And Toubro Construction wins orders valued Rs 1,458 crore

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The construction arm of L&T has won orders worth Rs 1,458 crore across its various business segments. The business has bagged Engineering, Procurement & Construction orders worth Rs 654 crore in the international and domestic markets.
In the international market, a contract has been secured from the National Grid Saudi Arabia (a subsidiary of Saudi Electricity Company) for the construction of a 132 kV double circuit transmission line and 132 kV cabling in the Rafah, Arar, and Sakaka areas of Saudi Arabia.
On the domestic front, an order, under the Integrated Power Development Scheme (IPDS), has been bagged from Kanpur Electricity Supply Co Ltd. The Urban Electrification project involves design and construction of new substations, feeders and upgradation of electricity network of Kanpur city in Uttar Pradesh. The project is expected to improve availability, reliability and quality of power supply in the district.
Another order has been received from Power Grid Corporation of India for the construction of gas-insulated substations in Vadodara, Navasari, Pune, and Gwalior.

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