L&T wins projects for Rs 6,024 crores, 40% orders from Middle East

lt-middle-eastLarsen & Toubro, a leading Indian infrastructure company, said it has won projects worth Rs 6,024 crores across various business segments, including some in the Middle East.

Out of theRs 6,024 crores, Rs 2,501 crores worth of projects were from the Middle East.

The period over which these contracts were acquired was not disclosed.

The power transmission and distribution segment won projects for Rs 1,721 crores which includes construction of primary substations, extra high voltage cabling and overhead transmission lines across various locations in the Middle East.

Transportation infrastructure business won orders for 780 crores in the Middle East for construction of road, an interchange, underpass, camel crossings, roundabouts, utilities along with other associated Works.

The effluent treatment business secured projects worth Rs 1,497 crores in various sectors which includes supply and laying of water pipelines, wastewater network and design and construction of water treatment plants and wastewater treatment plants across various locations in India, the company added.

L&T has also secured a order for Rs. 1131 which included construction of a cement plant in Andhra Pradesh, construction of office facilities and additional orders from ongoing projects in their factories business.

The company’s heavy civil infrastructure and metallurgical and material handling businesses won orders for Rs 895 crores, which included projests in nuclear sector, construction of inland water transport terminal and construction of coal handlind plant, the company further added.

Earlier last month the company had confirmed projects for Rs 1,458 cr which included a project from Saudi Electricity Company.

Larsen & Toubro is an Indian multinational company into technology, engineering, construction, manufacturing and financial services and operates in over 30 countries worldwide.

The order wins come after the announcement by the company of its aggressive target to double its revenue to 2 lakh crores by 2021.

2016-10-03T11:30:33+00:00