L&T bags Rs 700 cr orders from Water & Material Handling Sectors

Larsen & Toubro's (L&T) Metallurgical, Material Handling & Water Operating Company - a part of its Construction Division - has secured orders aggregating  INR 700 crores  from various customers.

Water Sector
L&T has bagged an order worth INR 375 crores from Jabalpur Municipal Corporation. The scope of work includes the construction of 210 km of underground drains, comprising of RCC pipes and RCC drains for Jabalpur city in Madhya Pradesh. The Project is funded under JNNURM scheme and has to be executed in 30 months.

In an another development, L&T has received orders worth INR 165 crores from Haryana State Industrial and Infrastructure Development Corporation Limited for the development of infrastructure facilities like Water supply, Wastewater collection, storm water drainage and associated works for the industrial estates located in Panipat and Rai. This order has to be executed in 21 months.

Material Handling Sector
In Material Handling Sector,  L&T has received orders worth INR 160 crores from Bhushan Steel Limited for the Design ,Engineering, manufacture & supply of Conveyor and auxiliary equipment for the Raw Material Handling System at their ongoing 6 MTPA Integrated Steel Plant at Meramandali, Orissa. The order has to be executed in 16 months.

Background:
Larsen & Toubro 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 and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decades.