L&T Construction Bags Multiple Orders In India, Middle East

On Monday, in a stock exchange filing, Larsen & Toubro (L&T) said that L&T Construction's Power Transmission & Distribution Business has won a "prestigious package to establish transmission lines and substations associated with a major infrastructure project in Telangana.

While the company did not specify the value of the order, it called the contract "large" in its statement, which in L&T's project classification terminology means an order of value between Rs 2,500 crore to Rs 5,000 crore.

"The scope of the package involves establishing three new 400 kV substations with reactors, associated bay extensions at connected substations and more than 170 km of 400 kV transmission links, on a turnkey basis," the filing added.

L&T also said that it has received an order from Konkan Railway Corporation Limited to provide Electrical & Mechanical Systems for two tunnels in the Katra Dharam section of the Udhampur Srinagar Baramulla rail link project. The scope of the package involves 33 kV &
11 kV HT power cable network, GIS substation, DG sets, tunnel lighting, ventilation & firefighting systems, and SCADA system.

Besides, a power distribution package to replace bare conductors with aerial bunched cables has been received from North India and additional orders from ongoing transmission line projects, the filing said.

In Oman, L&T's power transmission and distribution business bagged a package to construct 400 kV Overhead Lines connecting three grid stations.

These high capacity transmission lines will interconnect three major transmission systems to improve dispatch coordination and grid security, the company said.

The company has also received a repeat order from a client in the Middle East, it added.

Shares of L&T Limited were trading over 1.5 percent lower on Monday afternoon.