Engineering conglomerate Larsen & Toubro entered into a contract with the Ministry of Defence, Government of India to supply of 100 units of 155mm, 52 calibre Tracked Self-Propelled Gun systems to the Indian Army. The contract valued at about ₹ 4500 crore, is the largest order placed by MoD on an Indian private company. This […]
Larsen & Toubro Infotech, which started out as a unit of construction major L&T, has rebranded itself, dropping its parent’s name from its own and projecting a more independent brand. The new logo reads ‘LTI’ in blue, bold letters with the tagline ‘Lets Solve’, and the new branding colors are blue and orange. “The new […]
One of Larsen & Toubro’s units in the United Arab Emirates has won a Rs 500-cr order to supply building automation and control systems for 37 stations of the upcoming Doha Metro in Qatar, the company said. The contract involves installation, testing, integration, commissioning and 5 years of maintenance of the system. “The Frame Agreement […]
Larsen & Tubro said the transportation infrastructure business of L&T construction won a contract worth Rs 3,799 cr from the Dedicated Freight Corridor Corporation of India Ltd. This contract has been secured by a consortium of Larsen and Toubro Ltd and Sojitz Corp.,Japan. Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) is a special purpose […]
L&T Technology Services, the information technology company of the L&T group, said it has partnered with Microsoft Corporation to offer a solution to lower energy bills and cost of maintenance. L&T Technology Service’s Integrated Building Energy Management Systems (iBEMS) framework will be available on Microsoft’s Azure cloud platform enabling enterprises to deploy and manage energy […]
Larsen & 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 […]
Larsen & Toubro (LET), one of India’s leading engineering and construction company said it has signed a$99.7 million project with Vietnam Border Guard to design and construct high speed patrol vessels in India. The contract also envisages transfer of design and technology along with supply of equipment and material kits for construction of follow-on vessels at a Vietnam shipyard. […]
L&T Technology Services Ltd will open its initial public offer of up to 10.4 lakh equity shares on Monday. The shares will be sold by the parent Larsen & Toubro, the company said. Each share of the company, which provides technical design services, will carry a face value of Rs 2 and will be offered […]
Larsen & Toubro said its valve division supplied India’s first indigenously-developed High Integrity Pressure Protection System to Dirok Gas Field Development Project in Assam. “Conventionally, spikes in pressure are managed by venting or flaring excess fluids. HIPPS is a smarter alternative that detects and isolates the source of high pressure within seconds. By avoiding discharge, […]
Larsen & Toubro announced that it has bagged orders of ₹ 1,458 cr, which includes a project from Saudi Electricity Company for the construction of a 132 kV double circuit transmission line and 132 kV cabling in Saudi Arabia. Power transmission & distribution business wing of the company has received engineering, procurement and construction projects […]
L&T is aiming to double its revenue to Rs 2 Lakh crore by 2021 achieving an order inflow in excess of Rs 2.5 lakh crores per annum owing to better economic conditions , Chairman AM Naik said. With India’s GDP growth projected to touch 7.4% in 2016-17, India is the fastest growing economy in the world which […]
Larsen and Toubro has been chosen as one of the partners to implement the smart city project in Nagpur which is said to be India’s first integrated smart city, said the company. The announcement came after a letter of intent was handed over by Devendra Fadnavis, Chief Minister of Maharashtra to company representatives at a […]
L&T Hydrocarbon Engineering, a unit of Larsen & Toubro, said it has signed a long-term agreement with McDermott International to explore joint execution of subsea projects in deepwater segment emerging on the east coast of India. Under the agreement, LTHE and McDermott will develop a cost-effective approach which will utilize LTHE’s state-of-the-art, strategically located Kattupalli […]
The Power Transmission & Distribution Business of L&T Construction has Won Orders Worth Rs 1,038 crores in the international and domestic markets in November 2015, the company said. Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged an order valued at SAR 405.75 Million (USD 108.2 Million) for the construction […]
Larsen & Toubro has set up a Global Internet of Things Solutions Centre in Bangalore to cater to the fast-growing sector. “The facility will demonstrate IoT solutions for different industry verticals and give customers an opportunity to see the value addition that IoT offers,” the company said. Internet of Things refers to connecting physical infrastructure […]
L&T Infrastructure Finance Company Ltd – belonging to the engineering conglomerate Larsen & Toubro Ltd (L&T) – reduced its prime lending rate by 0.25% to 15.50% per year effective 15th Sept, the company said. “This revised PLR shall be applicable in respect of both existing loans and new disbursals, in accordance with the relevant clauses […]
Larsen & Toubro, India’s largest construction company, has won an order to design and build tracks for Riyadh Metro project in Saudi Arabia. The value of the contract is estimated at $161.37 Mn or 1070 crores. The project involves the construction of 62.86 KMs of double ballastless tracks in tunnels, viaducts, at-grade sections and three […]
The Water & Effluent Treatment Strategic Business Group of L&T Construction has won turnkey orders worth Rs 1,489 crores in August 2015, in three packages, the construction company said. The orders were won from Public Health Engineering Department, Ajmer, under the Rajasthan Rural Water Supply and Fluorosis Mitigation Project. The projects, funded by Japan International […]
The Power Transmission & Distribution Business of L&T Construction has won orders worth Rs. 1,563 crores in both the international and domestic markets in July & August 2015, the construction company said. “As a strategic breakthrough in the ASEAN market, a key order has been received from Tenaga Nasional Berhad (TNB) for the design, manufacture, […]
The Power Transmission and Distribution (PT&D) Business of L&T Construction has won orders worth Rs 1885 crores in domestic and international markets in June 2015, the company said. On the domestic front, a major EPC order has been received from Odisha Power Transmission Corporation Limited. The scope involves installing various 33/11 kV air insulated substations […]
