L&T Bags INR25.03 billion Electrical Projects
E&GP OC has secured the orders from transmission, substation & railway construction projects in the domestic and international markets during the third quarter of 2010-11.
In the domestic market, the following orders aggregating to INR15.16 billion were secured. Electrical balance of plant packages associated with 10x270Mw thermal power projects at Amravati & Nashik, Maharashtra for Indiabulls valued at INR2.9 billion.
A 765 kV transmission line from Anta to Phagi and 220/132 kV Gas Insulated Substation at Mansarovar from Rajasthan Rajya Vidyut Prasaran Nigam, valued at INR3.75 billion. Also a 400 kV transmission line in Chattisgarh for KSK Mahanadi Power Company valued at INR1.03 billion.
A turnkey project valued at INR3 billion from GMR, for 400 kV substations at Alwar and Deedwana in Rajasthan along with the associated transmission lines.
Track doubling work between Ariyalur and Valadi, Tamil Nadu including overhead electrification, signaling & telecommunication works for Southern Railway valued at INR1.9 billion. Grid connected solar photovoltaic plant of 20Mw at Patan, Gujarat, for Kiran Energy Solar Power Private on a turnkey basis valued at INR2.58 billion.
In the GCC Countries, E&GP OC has bagged the following major EPC orders aggregating to INR9.87 billion for seven substation projects and 153 km of transmission line projects.
In UAE, L&T has bagged two EPC orders valued at INR2.69 billion ($58.5m / AED214.91m) for two 132 kV substations from Abu Dhabi Water & Electricity Authority.
Further, its Joint Venture company, L&T Oman, has secured orders worth INR4.71 billion ($102.39m/ OMR39.38m) which include two 220 kV substations from Oman Electricity and Transmission Company, and three 33 kV substations for Dhofar Power Company & Royal Court Affairs in Oman.
Also, Larsen & Toubro Saudi Arabia, a fully owned subsidiary of L&T has bagged two 380 kV transmission line projects of 100 km and 53 km valued at INR2.47 billion ($53.8m/ SAR201.74m) from Saudi Electricity Company.
Will these new projects enhance L&T's market share?
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