L&T’s Construction Group Bags Contracts Worth Rs 853 crores

• Rs 366 crores order from UAE
• Rs 200 crores contract from Power Grid
• Rs 287 crores water projects contracts

Mumbai, July 13, 2007: Larsen & Toubro Limited (L&T), India’s leading technology, engineering and construction company, has bagged contracts worth Rs 853 crores.

The company has secured an order valued at Rs. 366 crores (USD 91 million and AED 330 million) from the Abu Dhabi Water & Electricity Authority for Design, Supply, Installation and Commissioning of the two 132/22 kV substations at Saadiyat Island, Abu Dhabi with Mott MacDonald as Consultant to the project. Saadiyat is one of the several desert island destinations, which are currently being developed by the Emirates of Abu Dhabi.

Each substation consists of 132 V Gas Insulated Switchgear, 22 kV Gas Insulated Switchgear, 63/80MVA 132/22 kV Transformers, Substation Control & Monitoring System, Protection & Telecommunication System, DC System & auxiliaries and Substations. The contract also encompasses design and construction of the substation buildings together with the associated utilities. The contract will be completed within 18 months.

In another significant development, has secured yet another order for turnkey construction of 400/220 kV Extra High Voltage Substations valued at Rs 200 crores from the Power Grid Corporation of India Limited (PGCIL).

One of these major substations is to be located at Gurgaon (Near Delhi) will be 400/220 kV Gas Insulated Substation. The other Air Insulated Substations will be located at Bhinmal and Kankroli in Rajasthan and Zerda in Gujarat.

The scope of work includes supply, erection testing & commissioning of 315 MVA transformers, 400 kV Reactors, Substation Automation & Protection System and total Civil & Air-Conditioning works.

L&T has a long standing association with PGCIL in their various turnkey ventures involving transmission lines, substations and distribution.

L&T is currently doing more than 12 projects for PGCIL at various locations. ECC, L&T’s Construction Division will execute both of these projects.

ECC’s Water and Utilities group has also bagged three orders valued at Rs. 287 crores.

Tamil Nadu Water Supply and Sewerage Board awarded an order for Rs.195 crores for implementation of comprehensive water supply schemes in Ramanathapuram, Sivagangai and Pudhukottai districts in Tamil Nadu.

The water project in Tamil Nadu includes supply, install, testing and commissioning of Mild Steel and Pre-Stressed Concrete pipelines. Scope also includes construction of storage reservoirs and electro-mechanical works. This project is to be completed in 18 months.

Delhi Jal Board (DJB) awarded an EPC order of value Rs.92.50 crores for design, providing, laying, jointing, testing and commissioning of 22 km of 1200mm Diameter mild steel raw water Transmission Main from Wazirabad Raw Water Pump House to proposed Water Treatment Plant at Okhla.

DJB shall be able to pump 22 MGD raw water to the Water Treatment Plant at Okhla and shall be distributed to Outer Delhi and South Delhi. This project is to be completed in 20 months.

Recently, the Govt. of Andhra Pradesh placed an EPC contract valued at Rs.332 crore on L&T and its JV partner for a lift irrigation project in Cuddappah district, to be executed in 24 months, taking the total tally of water projects to Rs.561 crore during the current year.

Background:

L&T is a USD 5 billion technology, engineering and construction company with global operations. It is one of the largest and most respected companies in India’s private sector.

A strong, customer-focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business across seven decades. L&T has distinguished records of achievements including the world’s largest coal gasifier made in India and exported to China, India’s first indigenous hydrocracker reactor, oil and gas platform projects executed to global benchmarks and the world’s largest Continuous Catalyst Regeneration reactor.