Larsen & Toubro bags order worth Rs 747 crore

by khalid on 12/06/2010 · 0 comments

Larsen & Toubro (L&T) is an Engineering and infrastructure major company. The company informed the market (BSE) that various subsidiaries of Larsen & Toubro has bagged orders from Coal India, Indiabulls Power and Hindalco. The work has to be done is in the area of construction of coal handling plants and an aluminium rolling mill. The value of these orders are Rs 747 crores.

Share’s Data :-
BSE Code : 500510
Mkt. Cap: Rs 101007 Crores
CMP is Rs 1677.30 on 11th Jun 2010

Details of these orders are as follows :-

1. The first order is a lump sum turnkey contract worth Rs. 276 crore from Coal India for Coal Handling Plant at Northern Coalfield, Amlohri, in Madhya Pradesh. L&T’s-Bulk Material Handling Business Unit has secured this on EPC (Engineering -Procurement- Construction) basis, against competitive bidding.To be executed in 24 months, The order is for basic and detail engineering; supply and erection of mechanical, electrical and instrumentation works; complete civil & structural works, including testing & commissioning.

2. The second order is worth Rs.260 crore from Indiabulls Power Limited for supply & erection of Coal Handling Plants at Amaravati and Nasik Thermal Power Plant in Maharashtra. The order is for basic engineering, detail engineering, supply and erection of mechanical, electrical and instrumentation works including testing & commissioning. To be executed in 28 months.

3. The third order is valued at Rs 211 crore from Hindalco Industries Limited for Aluminium Rolling Mill Complex at Hirakud, Orissa. The order is for civil & structural works for Aluminium Rolling Mill and related facilities. To be executed in 16 months.

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