L&T bags Rs 2,503 cr electrical projects from global markets

The Electrical & Gulf Projects Operating Company (E&GP OC) - a part of Larsen & Toubro’s (L&T) Construction Division - has secured a slew of orders aggregating to Rs 2503 crore from Transmission, Substation & Railway Construction projects in the domestic and international markets during the third quarter of 2010-11.

In the domestic market, the following orders aggregating to Rs 1516 crore were secured.

1. Electrical Balance of Plant (E-BoP) packages associated with 10x270 MW Thermal Power Projects at Amravati & Nashik, Maharashtra for Indiabulls valued at Rs 290 crore. 
2. A 765 kV Transmission Line from Anta to Phagi and 220/132 kV Gas Insulated  Substation  at  Mansarovar  from  Rajasthan  Rajya  Vidyut Prasaran  Nigam  Limited,  valued  at Rs 375  crore.  Also  a 400  kV transmission line in Chattisgarh for KSK Mahanadi Power Company Limited valued at Rs 103 crore. 
3. A  turnkey  project  valued  at Rs 300  crore  from  GMR,  for 400  kV substations  at  Alwar  and  Deedwana  in  Rajasthan  along  with  the associated transmission lines.
4. Track doubling work between Ariyalur and Valadi, Tamil Nadu including overhead   electrification,  signalling  &  telecommunication  works  for Southern Railway valued at Rs 190 crore. 
5. Grid connected Solar Photovoltaic plant of 20 MW at Patan, Gujarat, for Kiran Energy Solar Power Private Limited on a turnkey basis valued at Rs 258 crore.

In the GCC Countries, E&GP OC has bagged the following major EPC orders aggregating to Rs 987 crore for seven substation projects and 153  km of transmission line projects.

1. In UAE, L&T has bagged two EPC orders valued at Rs 269 crore (USD 58.5 Mn/ AED 214.91 Mn) for two 132 kV substations from Abu Dhabi Water & Electricity Authority (ADWEA).
2. Further, its Joint Venture company, L&T Oman LLC, has secured orders worth Rs 471 crore (USD 102.39 Mn/ OMR 39.38 Mn) which include two 220 kV substations from Oman Electricity and Transmission Company, and three 33 kV substations for Dhofar Power Company & Royal Court Affairs in Oman. 
3. Also, Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T has bagged two 380 kV transmission line projects of 100 km and 53 km valued at Rs 247 crore (USD 53.8 Mn/ SAR 201.74 Mn) from Saudi Electricity Company.

L&T has been making significant strides in electrical projects both in the domestic and international markets through its well-established capabilities in execution of EPC Projects. The above projects augur well with the Company’s plan for expanding the business geographically.

Background:
L&T is a USD 9.8 billion technology, engineering and construction group, with global operations. It is one of the largest and most respected companies in India’s private sector.

A  strong  customer-focused  approach,  the  constant  quest  for  top-class technology and quality, backed with a commitment to nation building have enabled L&T to attain and sustain a leadership position in its major lines of business over the past seven decades.