Projects Monitor
 
L&T's order book surges in Q1 of FY12
A BUSINESS CORRESPONDENTTuesday, July 05, 2011, 11:24 Hrs  [IST]

Untitled - 11.jpgThe construction division of Larsen & Toubro Ltd is bulging with orders worth Rs.jpg5,710 crore in the first quarter of 2011-12.

The Buildings & Factories Independent Company, a part of the construction division, has been awarded contracts valued at Rs.jpg4,100 crore for expansion of airport and construction of hospital, commercial and residential buildings, including factories. The orders are:
  • Design and construction of airport terminal expansion, hospital and medical college and other commercial buildings (Rs.jpg1,638 crore).
  • Construction of residential towers in major cities (Rs.jpg2,051 crore). 
  • Construction of factories (Rs.jpg411 crore)
The Metallurgical and Material Handling Independent Company, also a part of L&T's construction division, has secured new orders worth Rs.jpg1,610 crore from Tata Steel Ltd, India Bulls Power Ltd and other customers during the first quarter of FY2012.

A major portion of these orders pertain to the Kalinga Nagar project of Tata Steel in Orissa where L&T is setting up four new coke oven batteries. Each coke oven battery of 0.75 million tpa capacity with a byproduct plant will have a total 1,80,000 Nm3/hr of gas processing capacity. L&T will also provide detailed engineering and supply balance of plant.

Tata Steel has appointed ACRE of China to provide engineering and technology services for these batteries.

L&T intends to construct the first battery in less than two-and-ahalf years against industry average of about three years.

This is L&T's third project in the coke oven construction business which has very few players. The company is already constructing a coke oven complex for Tata Steel's Jamshedpur works and another coke oven complex for Bhushan Steel's Meramandali, Orissa, works. It is also constructing a blast furnace, sinter plant, steel melting shop and other units of Tata Steel's 6-million tpa Kalinga Nagar project.

In yet another development, L&T has secured a Rs.jpg240-crore order from India Bulls Power Ltd for civil and structural works for coal handling plants and ash handling plant for Amravati and Nashik thermal power projects (phase-II) in Maharashtra. The project has to be completed in 23 months.

 
[Close]