Larsen and Toubro bags contracts worth Rs 1,065-crore

NEW DELHI: Engineering and construction firm Larsen and Toubro (L&T) on Wednesday said it has won new contracts worth over Rs 1,065 crore across various segments including water supply schemes in Gujarat. "L&T Construction has won new orders valued over Rs 1,065 crore across various business segments in September 2012," the company said in a statement.

In the Water and Effluent Treatment business unit, L&T Construction has secured new orders worth Rs 793 crore, it said, adding that two of the major engineering, procurement and construction (EPC) contracts were secured from Gujarat Industrial Development Corporation.

The contracts pertain to water supply schemes for Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR) at Dahej and the scope of work includes construction of pump houses along with electro mechanical and instrumentation works, the company said. Besides, the company has also has secured a new order for RO-based seawater desalination plant in southern part of the country, it said. The company's Power Transmission & Distribution IC has secured new orders worth 122 crore from the Power Grid Corporation for supply, erection, testing and commissioning of substation extension packages at Thiruvalam, Kurnool, Hosur, Nellore, Vijayawada, it added.

L&T Construction has also secured additional orders worth 150 crore from various ongoing projects across business units.

L&T is a $12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.