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    500510   INE018A01030

LARSEN & TOUBRO LIMITED

(500510)
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Larsen & Toubro : L&T Construction Awarded (Significant*) Contracts for its Various Businesses

10/13/2021 | 09:30am EST

Mumbai - L&T Construction, the construction arm of L&T has secured various orders in India for its businesses.

Metallurgical & Material Handling:

The Metallurgical & Material Handling (MMH) Business has secured an order to set up Coke Oven, By Product and Coke Dry Quenching plants, given its competence and capability to deliver complex plants in the steel sector.

The spurt in the minerals and metals sector has accelerated much-needed private sector investment. The MMH Business has also secured new orders in the mining sector for its Products Business and add-on orders from its existing customers.

These orders affirm MMH's leadership position and signify its continued efforts to build customer confidence in the Metallurgical & Materials space.

Buildings & Factories:

The Buildings & Factories business has won an order from a prestigious client for construction of office space at Hyderabad with an approximate built-up area of 20 Lakhs Sq. ft on fast-track timelines, scheduled to be completed in 14 months.

This project consists of 2 Towers with 5 Basements & associated utility buildings. The Tower area comprises composite structural steel structure from the basement. The scope of work involves Civil, Finishes & related MEP works. The project reaffirms L&T's commitment to move into Modular Structural Steel Composite Structures to overcome the challenge of scarcity in skilled manpower and to meet the accelerated delivery timelines from the Customer.

Water & Effluent Treatment:

The Water & Effluent Treatment business has bagged an order from Indian Oil Corporation Limited (IOCL) to construct a Demineralization Plant, ETP and allied facilities for its Barauni Refinery in Bihar.

The project scope involves design, engineering, supply, erection & commissioning of the demineralisation plant, effluent treatment plant, condensate polishing unit and drinking water plant with single point responsibility on Lump Sum Turn-Key basis. The order from the refinery and petrochemical sectors underpins the business capability to deliver advanced water treatment technologies within stringent timelines.

L&T GeoStructure:

L&T GeoStructure Pvt Ltd. (LTGS), a wholly owned subsidiary of L&T, has bagged a strategic order from the Department of Water Resources, Government of Odisha, for the construction of 1 km long, 1000 mm thick plastic concrete cut-off wall for the Kanupur Irrigation Project at Keonjhar District, Odisha. The cut-off wall will arrest the seepage of water from upstream to downstream to improve the stability of the dam. The duration of the project is 11 months.

LTGS is focussed on ground engineering business, with the expertise to design and execute deep foundations like large diameter piling, diaphragm walls and cut-off walls, in the areas of marine, intake structures, water and earth retaining structures and bridges.

Background:

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

Contact:

E: Yuvraj.mehta@larsentoubro.com

T: +91 85888 88272

(C) 2021 Electronic News Publishing, source ENP Newswire

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P/E ratio 2022 25,4x
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Nbr of Employees 40 253
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