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L&T's Construction Group Bags Contracts Worth Rs 853 crores



Posted On : 2007-07-12 22:38:16( TIMEZONE : IST )

L&T's Construction Group Bags Contracts Worth Rs 853 crores

Larsen & Toubro Ltd (L&T) has announced that the Company has bagged contracts worth Rs 853 crores.

The Company has secured an order valued at Rs 366 crores (USD 91 million AED 330 million) from the Abu Dhabi Water & Electricity Authority for Design, Supply Installation and Commissioning of the two 132/22 kV substations at Saadiyat Island, Abu Dhabi with Mott MacDonald as Consultant to the project. Saadiyat is one of the several desert island destinations, which are currently being developed by the Emirates of Abu Dhabi.

Each Substation consists of 132 V Gas Insulated Switchgear 22 kV Gas Insulated Switchgear 63/80MVA 132/22 kV Transformers, Substation Control & Monitoring System, Protection & Telecommunication System, DC System & auxiliaries and Substations. The Contract also encompasses design and construction of the substation buildings together with the associated utilities. The Contract will be completed within 18 months.

In another significant development, has secured yet another order for turnkey construction at 400/220 kV Extra High Voltage Substations valued at Rs 200 crores from the Power Grid Corporation of India Ltd (PGCIL).

One of these major substation is to be located at Gurgaon (Near Delhi) will be 400/220 kV Gas Insulated Substations. The other Air Insulation Substations will be located at Bhinmal and Kankroli in Rajasthan and Zerda in Gujarat.

The scope of work includes supply, erection testing & commissioning of 315 MVA transformers, 400 kV Reactors, Substation Automation & Protection System and total Civil & Air-Conditioning works.

The Company has a long standing association with PGCIL in their various turnkey ventures involving transmission lines, substations & distribution.

The Company is currently doing more than 12 projects for PGCIL at various locations, ECC The Company's Construction Division will execute both of these projects.

ECC's Water and Utilities group has also bagged three orders valued at Rs 287 crores.

Tamil Nadu Water Supply and Sewerage Board awarded an order for Rs 195 crores for implementation of comprehensive water supply schemes in Ramanathapuram, Sivagangai and Pudhukottai districts in Tamil Nadu.

The water project in Tamil Nadu includes supply, install, testing and commissioning of Mild Steel and Pre-Stressed Concrete pipelines. Scope also includes construction of storage reservoirs and electro-mechanical works. This project is to be completed in 18 months.

Delhi Jal Board (DJB) awarded an EPC order of value Rs 92.50 crores for design, providing, laying, jointing, testing and commissioning of 22 km of 1200mm Diameter mild steel raw water Transmission Main from Wazirabad Raw Water Pump House to proposed Water treatment Plant at Okhla.

DJB shall be able to pump 22 MGD raw water to the Water Treatment Plant at Okhla and shall be distributed to Outer Delhi and South Delhi. This project is to be completed in 20 months.

Recently, the Govt. of Andhra Pradesh placed an EPC contract valued at Rs 332 crore on the Company and its JV partner for a lift irrigation project in Cuddappah district to be executed in 24 months, taking the total tally of water projects to Rs 561 crore during the current year.

Source : Equity Bulls

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