L&T bags Rs 1,100 crore orders in Q4

L&T has bagged a slew of large-value orders aggregating Rs 1,100 crore in the electrical construction sector in the fourth quarter of 2008-09.

The orders have come from leading public sector organisations. These include, Power Grid Corporation of India and Rail Vikas Nigam.

The order secured from Power Grid corporation of India involves construction of the country's first 800 kV high-voltage direct current (HVDC) transmission system. This project will involve transmitting power from the north east to the northern and western parts of the country. 

Extending across 190 km, this HVDC bi-pole transmission line, valued at Rs 169 crore, will be executed for the section between Nidhuara village to Agra in Uttar Pradesh.

L&T will also construct substations at Balia, Lucknow and Satna for Power Grid. This project is valued at Rs 480 crore. In addition, power Grid has also awarded Rs 83 crore project to the construction giant. This include a 765 kV single circuit transmission line from Agra to Jatikalan.

KV Rangaswami, president (Construction) said: "The 800 kV HVDC transmission line project and  the 765 kV substation orders represent technological breakthroughs and they augur well for our growth potential in these critical segments."

Other orders secured include Rs 190 crore double circuit transmission for Power Transmission Corporation of Uttarakhand, Rs 175 crore order from Rail Vikas Nigam for Charuch-Dahej railway construction project. For Railways, L&T will set up high end transmission and substations as well as a project for Indian Railways.