Mumbai-based Larsen & Toubro's (L&T) Metallurgical, Material Handling & Water Operating Company, part of its construction division, has secured orders aggregating Rs747 crore from Coal India Ltd, Indiabulls Power Ltd and Hindalco Industries Ltd.
In material handling sector, L&T has secured a lumpsum turnkey contract worth Rs276 crore from Coal India for coal handling plant at Northern Coalfield at Amlohri, in Madhya Pradesh. To be completed in 24 months, the scope of work involves basic and detail engineering; supply and erection of mechanical, electrical and instrumentation works; complete civil and structural works, including testing and commissioning.
L&T has also won orders worth Rs260 crore from Indiabulls Power Ltd for supply and erection of coal handling plants at Amravati and Nasik thermal power plant in Maharashtra. The scope of work includes basic and detail engineering, supply and erection of mechanical, electrical and instrumentation works including testing and commissioning. The project is to be executed in 28 months.
In the metallurgical sector, L&T has secured an order valued at Rs211 crore from Hindalco Industries Ltd for aluminium rolling mill complex at Hirakud in Orissa. The scope includes civil and structural works for aluminium rolling mill and related facilities. The order has to be executed in 16 months.
On Thursday, L&T's shares ended 1.76% up at Rs1,672 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.
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