L&T arm bags orders worth Rs 2,048 crore
The construction arm of Larsen and Toubro (L&T) has won orders aggregating Rs 2,048 crore across various business verticals in October 2015. Under Power Transmission and distribution business, the company has won orders worth Rs 758 crore in both the international and domestic markets. On the international front, L&T Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged an order for the construction of four 132 kV substations in Riyadh from National Grid, Saudi Arabia, a subsidiary of Saudi Electricity Company.

In the domestic market, the company has bagged an order from Power Grid Corporation of India for engineering, procurement and construction of a 765 kV GIS substation package at Aligarh under the Inter-regional System Strengthening Scheme. Under Transportation Infrastructure business, the company has secured order worth Rs 732 crore. Under Buildings & Factories business, the company has won orders worth Rs 558 crore including add-ons.