L&T Construction bagged new orders worth Rs 3,700 crore under different business segments during March 2013.

While the building and factories business got orders for Rs 1,986 crore for building residential towers and for commercial development, the power transmission and distribution business accounted for orders valued at Rs 1,097 crore.

A major order is from the Punjab State Power Corporation for the execution of the restructured accelerated power development and reforms programme on a turnkey basis at Amritsar, Jalandhar and Ludhiana city. The work includes construction of 66/11kV and 33/11kV grid substations, 11kV distribution lines, distribution transformer centres, underground cabling and substations. An order from Power Grid Corporation of India is for the construction of a 400 kV station at Tuticorin.

The solar business unit got orders worth Rs 373 crore for construction of solar PV plants in Rajasthan and Tuticorin in Tamil Nadu, and the balance orders for Rs 244 crore were for different ongoing projects in infrastructure, metallurgical and material handling businesses, L&T said in a release.  

comment COMMENT NOW