L&T Construction Wins Orders Valued INR 1,127 Crores

Deepthi | Myequity news | Date : 03-12-2018 11:20:00 IST

The construction arm of L&T has won orders worth INR 1,127 Crores across two business segments.

Metallurgical and Material Handling Business:

The business has secured orders worth INR 755 Crores. An order has been secured from Hindustan Zinc Ltd for the construction of a 1.5 MTPA Lead- Zinc Beneficiation Plant at R D Mines, Rajasthan, thereby continuing to build customer confidence and leadership position in this segment. The business has also secured various add-on jobs from existing customers in both domestic market and well as in the Middle-East region across various product segments.

Buildings and Factories Business:

The business has secured an order worth INR 372 Crores. The Factories business unit of the Buildings and Factories vertical has secured a prestigious order for the brownfield expansion of Viscose Staple Fibre manufacturing facility from Grasim Industries (Cellulosic division) at Vilayat, Bharuch, Gujarat. The scope includes civil, structural, architectural and external development works. The business has earlier executed a green-field project at the same location for Grasim industries.

About Larsen & Toubro:

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 18 billion in revenue. It operates in over 30 countries worldwide. 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 for eight decades.

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