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L&T bags Rs 990-cr orders

Our Bureau

Mumbai, June 12

L&T has obtained two orders worth a total of over Rs 990 crore. The Engineering Construction and Contracts division of the company secured a Rs 114.4-crore contract from SAIL for turnkey construction of a gas-insulated substation as well as for an associated transmission network for SAIL's Bhilai steel plant in Chhattisgarh.

The second contract from ONGC, worth Rs 877 crore, is for reconstruction and revamp of offshore facilities at ONGC's complex in Mumbai High and is among the largest brownfield projects of its kind awarded in the offshore oil and gas sector in India, said a release. This project will be executed on a lumpsum turnkey basis.

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