HOME > BUSINESS > L&T wins projects for Rs 6,024 crores, 40% orders from Middle East

L&T wins projects for Rs 6,024 crores, 40% orders from Middle East

lt-middle-eastLarsen & Toubro, a leading Indian infrastructure company, said it has won projects worth Rs 6,024 crores across various business segments, including some in the Middle East.

Out of theRs 6,024 crores, Rs 2,501 crores worth of projects were from the Middle East.

The period over which these contracts were acquired was not disclosed.

The power transmission and distribution segment won projects for Rs 1,721 crores which includes construction of primary substations, extra high voltage cabling and overhead transmission lines across various locations in the Middle East.

Transportation infrastructure business won orders for 780 crores in the Middle East for construction of road, an interchange, underpass, camel crossings, roundabouts, utilities along with other associated Works.

The effluent treatment business secured projects worth Rs 1,497 crores in various sectors which includes supply and laying of water pipelines, wastewater network and design and construction of water treatment plants and wastewater treatment plants across various locations in India, the company added.

L&T has also secured a order for Rs. 1131 which included construction of a cement plant in Andhra Pradesh, construction of office facilities and additional orders from ongoing projects in their factories business.

The company’s heavy civil infrastructure and metallurgical and material handling businesses won orders for Rs 895 crores, which included projests in nuclear sector, construction of inland water transport terminal and construction of coal handlind plant, the company further added.

Earlier last month the company had confirmed projects for Rs 1,458 cr which included a project from Saudi Electricity Company.

Larsen & Toubro is an Indian multinational company into technology, engineering, construction, manufacturing and financial services and operates in over 30 countries worldwide.

The order wins come after the announcement by the company of its aggressive target to double its revenue to 2 lakh crores by 2021.

Follow ULTRA.news
Simplex Infra gets Rs 524 cr order from NBCC Construction company Simplex Infrastructures said it got a Rs 524 cr order from public sector company NBCC Ltd.The order is for the construction of institutional buildings at Bhubaneshwar in Orissa, the company said.NBCC (India) was earlier known as National Buildings Co...
TCS sets up new delivery center in Hyderabad for US-based Zebra Technologies Tata Consultancy Services, India's biggest foreign exchange generator, said it has set up a Global Development Center in Hyderabad to cater to Zebra Technologies, a billion-dollar US corporation that specializes in tracking technologies such as bar codes and RFID.The new cen...
Ahluwalia Contracts wins orders worth Rs 311 cr Ahluwalia Contracts said it won new construction orders aggregating to Rs 311 cr."New orders worth of Rs. 170.99 Crores for construction of 300 Beds hospital in existing premises of ESIC Hospital Kolkata and worth Rs.140.00 Crores for other construction work," it said.Wi...
L&T wins Rs 4,023 cr worth of construction orders Larsen & Toubro said its construction arm has won orders worth 4023 crores across various business segments. On Oct 26, the company had announced Rs 3551 crore worth of new orders.Today, it said its civil infrastructure business has bagged orders cumulatively worth Rs 1...
RERA, sand scarcity, GST behind India Cements Q2 woes India Cements, the largest cement maker in South India, said its results for the September quarter were hit by GST, sand scarcity in Tamil Nadu and the impact of tougher regulation on the real estate sector.The company reported today a 62% decline in its standalone net profit ...
BHEL wins Rs 350-cr order from PowerGrid Bharat Heavy Electricals Limited said it won its most valuable contract to set up a 765 kilovolt sub station.The Rs 350 cr contract was won from Powergrid as part of its Medinipur-Jeerat Transmission project."This is the largest value 765kV Substation project order for B...
Adani to set up new Jharkhand power plant to supply to Bangladesh Adani Power said it will set up a new 1,600 MW coal power plant at Godda Jharkhand to supply power to Bangladesh for a period of 25 years.It said the company has signed a Power Purchase Agreement (PPA) with the Bangladesh Power Development Board for the same. The plant will ...
Ramco Systems wins cloud ERP contract from big Philippines construction firm Ramco Systems said First Balfour, one of the largest construction and engineering firms in the Philippines, has deployed its ERP software to manage its entire business operations."Deployed over nine months, Ramco ERP Suite has enabled First Balfour automate and streamline i...
L&T wins construction orders worth Rs 3,551 cr Larsen & Toubro said its construction arm won orders worth Rs 3,551 crores.The first is a Rs 1,123 crore order from the government.The contract is for design and construction of smart trunk infrastructure with roads, storm water drains, water supply network, sewerage net...
Nila Infrastructures to construct 3,152 flats for Rajasthan government Nila Infrastructures Limited said it got a contract worth Rs 107.3 cr from Jodhpur Development Authority to create 3,152 flats in Barli.The Company will also get 7.5 acres free of cost that can be sold or developed.The township, to be completed in four years, comprise 2...
BSNL gives Rs 550 cr microwave link project to HFCL Himachal Futuristics or HFCL, promoted by Mahendra Nahata -- who helped in the formation of Reliance Jio -- said it won a Rs 558 cr advance purchase order from BSNL to set up microwave radio links for a defence network."The Company has received an Advance Purchase Order wort...
L&T wins Rs 1,150 cr order from ONGC for Daman project Construction major Larsen & Toubro said it won a ₹ 1150 crore contract from Oil & Natural Gas Corporation (ONGC) for the transportation & installation of the oil company's Daman Development Project.The Contract, won against international competitive bidding, encompasses tota...
VA TECH WABAG denies insolvency reports, to appeal order VA TECH WABAG, a construction company that focuses on water project, denied reports that it was insolvent and said it was appealing the recent order of the Chennai bench of National Company Law Tribunal.The bench, at its hearing held on 6th October 2017 has passed an order f...
Reliance Infrastructure responds to downgrade by India Ratings Reliance Infrastructure said it disagreed with the decision by India Ratings, a unit of Fitch, to downgrade its debt over delays in equity infusion and monetization of assets."The Company respectfully disagrees with the views of India Ratings," it said today."The Company...
Sterlite Technologies wins 3-yr contract to supply high-end fiber to UAE’s du Sterlite Technologies said it won a three-year deal to supply high-quality fiber optic cables to du, a telecom network in the UAE.Financial details were not disclosed."With an on-going relationship with du for the past six years, we have renewed the partnership for our i...
Infosys wins SAP contract from Finnish lift-maker KONE IT outsourcing company Infosys said it has been chosen as a partner by lift-maker KONE for developing and maintaining its enterprise resource planning or ERP system.Infosys has been able to "transition, elevate, evolve and transform" KONE's ERP service delivery and landscape...
Nucleus Software wins loan software order from Finova Capital NBFC Nucleus Software, which provides IT solutions for financial services companies, said its loan management solution has been selected by Finova Capital, a Jaipur-based Non-Banking Financial Company (NBFC) to digitise its lending business.Founded in 2015, Finova Capital offers ...
TCS Diligenta wins 15-year deal UK insurance deal from Scottish Widows Tata Consultancy Services said it won a 15-year deal from Scottish Widows insurance company to provide end-to-end policy administration services for its 4 million heritage customers.The deal from the Lloyds Banking Group's Life and Pensions unit was won by TCS's UK subsidiar...
L&T Technology Services to co-develop solutions with Intel unit L&T Technology Services, the engineering services arm of the construction conglomerate, will co-develop industrial solutions with Intel subsidiary Wind River, which works in the emerging domain of Internet of Things.Under the partnership L&T Technology Services will "validat...
Wipro wins seven-year deal from European utilities co Innogy IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services.Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize, virtuali...