L&T gets orders worth Rs 1,137 cr
May 13 2014 , New Delhi
Orders bagged by power transmission & distribution and building & factories segments totalled Rs 1,069 crore; while "additional orders have also been received from various ongoing jobs", L&T said in a statement today.
Orders worth Rs 754 crore in the power transmission & distribution business are from Saudi Arabia and Oman bagged "against stiff international competition". The vertical has also received an order from Vizag Transmission, a subsidiary of Power Grid Corporation of India, in Andhra Pradesh.
"In the Buildings and Factory business, new orders worth Rs 315 crore has been received. An order has been bagged from one of the world's leading two-wheeler manufacturers for the design and construction of test tracks and buildings for the company's upcoming innovation research development centre near Jaipur," L&T said.
The Water & Renewable Energy Business has received an additional turnkey order from a client in Andhra Pradesh. The scope of the work involves design, engineering, supply, erection, testing and commissioning, L&T said.