L & T subsidiaries win orders worth Rs.1,247 crore

Image
IANS Mumbai
Last Updated : Jan 12 2016 | 8:23 PM IST

Diversified company Larsen & Toubro on Tuesday announced its construction arm L & T Construction and Larsen & Toubro (Oman) LLC have won contracts worth Rs.1,247 crore.

"The business (L & T Construction) has secured a prestigious turnkey order worth Rs.989 crore from a global IT major for the construction of their world class IT park in Bengaluru," said L & T in a regulatory filing.

Falling under the buildings and factories business of L & T, the project is scheduled to be completed in 30 months.

Its scope includes civil, structural, mechanical, electrical, plumbing, high-end finishes, data centre and other associated works, the statement said.

In the power transmission and distribution business, Larsen & Toubro (Oman) LLC won an international order worth Rs.258 crore to construct new 132 kV grid stations at Dil Abdusalam (DAS) and Suwaiq on engineering, construction and procurement basis, the statement added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 12 2016 | 8:10 PM IST

Next Story