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L&T bags Rs.1637 crore orders, to add 10,000 jobs despite economic slowdown



By Staff Reporter
17 November 2008 @ 8:16 am IST

New Delhi - Top engineering and construction company, Larsen & Toubro (L&T) said it has bagged orders worth Rs.1637 crore and will hire 10,000 people in the next 2-3 years, despite economic slowdown.


Corporate homepage of Larsen & Toubro
Corporate homepage of Larsen & Toubro. Top engineering and construction company, Larsen & Toubro (L&T) said it has bagged orders worth Rs.1637 crore and will hire 10,000 people in the next 2-3 years, despite economic slowdown.
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According to a press statement, L&T has bagged three major orders aggregating to Rs.937 crore during September and October 2008 in Delhi and Andhra Pradesh.

L&T said it bagged an engineering, procurement and construction (EPC) project worth Rs.582 crore from Hyderabad Metro Water Supply and Sewerage Board (HMWSSB) under the prestigious Godavari Drinking Water Supply project Phase-I. The project, L&T said, involves construction of trunk mains of MS pipe for 58 km to bring 735 million liters per day (MLD) treated water to Hyderabad city. The project is expected to be completed in 24 months.

The company said it also bagged two EPC projects from Delhi Jal Board valued at Rs.355 crore. While the first project envisages design, providing, laying, jointing, testing and commissioning of MS twin-pipeline from Bawana to Dwarka (Package 1A), the second project involves design and construction of 2 million gallons per day (MGD) water treatment plant (WTP) at Okhla. The water treatment plant will have clarifloculator, flash mixer, filters, pre-sedimentation tanks as major units along with the intake system, L&T said. The two projects are expected to be completed in 21 months.

L&T said it has also bagged a Rs.700 crore order from HPCL-Mittal Energy Investments (HMEL), a joint venture between Hindustan Petroleum Corporation Ltd and Mittal Energy Investments.

The project involves setting up two 44000 tonnes per annum (TPA) capacity Hydrogen Generation Units (HGU) for HMEL's greenfield refinery in Bathinda, Punjab.

The scope of work includes residual process design, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion, pre-commissioning and commissioning.

"The order for the HGU has been awarded to L&T on a Lump Sum Turnkey basis, affirming customer confidence in L&T's integrated capabilities to execute critical sections of refineries," the company said in a statement.

The HMEL order was bagged by the Chemical Plants Business Unit of L&T's Engineering and Construction Division.

In a separate development, L&T said it plans to enter solar power generation business and expand its offering in the green energy technology business that includes nuclear and hydel power.

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