Saturday, April 27, 2024
Business

L&T bags Rs 523 cr orders from Tata Steel

Larsen & Toubro’s (L&T) Metallurgical, Material Handling & Water Operating Company ? a part of its construction division ? has secured orders aggregating Rs 1164 crore from various customers.

L&T?s Minerals and Metals Business Unit has secured a major order worth Rs 523 crore from Tata Steel Limited for a 600000 TPY Continuous Annealing & Processing Line (CAPL).

This project will be implemented through a JV of Tata Steel and a technology partner for producing high grade cold rolled steel sheet for automotive application, including skin panels and high tensile steel.

Nippon Steel Engineering will provide the technology and imported line equipment.

L&T?s scope encompasses technical and project management services, design and engineering, supply of plant & equipment, utilities, civil & structural works and complete erection of the plant.

The project is scheduled to be completed in 30 months.

L&T?s Water & Effluent Treatment Business Unit has secured orders worth Rs 530.84 crore from Tamil Nadu Water Supply & Drainage Board for water supply schemes in Hogenakkal.

The scope includes supply and laying of 83 km MS pipelines, 948 km DI pipelines and 3488 km HDPE pipelines. The project, funded by Japan International Cooperation Agency, has a contract execution period of 24 months.

The scope also includes operation and maintenance of the scheme for 60 months.

In another development, the company received orders worth Rs 110.60 crore from Punjab Water Supply & Sewerage Division for the development of a sewerage network and construction of Sewage Treatment Plant in Hoshiarpur and Jalandhar.

The scope includes supply and laying of 356 km of RCC, SW & DI pipes. The contract period is 12 months.

L&T is a USD 9.8 billion technology, engineering and construction group, with global operations. It is one of the largest companies in India?s private sector.

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