Engineering conglomerate Larsen & Toubro’s construction arm has secured its single-biggest order worth Rs 5,250 crore from Qatar General Electricity and Water Corporation for power transmission and network expansion. “The power transmission and distribution business of L&T Construction has won its single-largest order from its esteemed customer Kahramaa, Qatar General Electricity and Water Corporation for its ongoing Qatar electricity transmission and network expansion,” the company said in a BSE filing today.

Engineering conglomerate Larsen & Toubro (L&T) on Friday paved way for S N Subrahmanyan to take charge as the group’s managing director and chief executive officer in July. Subrahmanyan joined L&T in 1984 and was inducted into the L&T board in 2011.

L&T executive chairman A M Naik is expected to continue as non-executive chairman from October, for three years.

Larsen & Toubro (L&T) said that its construction arm has recently bagged orders worth Rs 1,725 crore across two of its business segments.

In the transportation infrastructure business, the company bagged contracts worth Rs 725 crore.

Engineering major Larsen & Toubro today said it has bagged a contract worth Rs 2,903 crore from MHADA to re-develop Mumbai’s century-old BDD chawls. “The Buildings and Factories Business of L&T Construction has bagged a major design and build order worth Rs 2,903 crore to re-develop Mumbai’s century-old BDD chawls for Maharashtra Housing and Area Development Authority (MHADA),” the company said in a regulatory filing.

The scope of work comprises design and construction of 20 residential towers for rehabilitation, four high-rise towers for sale and one commercial development within a plot of 16 acres.

Engineering conglomerate Larsen & Toubro today said its construction arm has won orders worth Rs 2,490 crore. “The Building & Factories Business segment of the construction arm of L&T has won orders worth Rs 2,490 crore,” the company said in a statement. “A mega order has been bagged from a premier government organisation for the construction of hospital building, a medical institute, a nursing college, a school for paramedics, an auditorium, hostels, residential quarters along with associated works, in New Delhi,” it added.

Bengaluru: L &T Realty Ltd, the real estate unit of India’s largest engineering company Larsen and Toubro, has secured approval to develop a special economic zone (SEZ) in north Bengaluru, though its focus will be on projects in west India, said a company official.

The Mumbai-based firm plans to develop around 3 million sq. ft of commercial office space in the SEZ, which is part of a large mixed-use development with total developable potential of 9 million sq. ft, and also has a residential township.

MUMBAI: Larsen & Toubro's electrical and automation unit has bagged an order worth Rs 500 crore Qatar Rail Company (QRAIL) for Phase 1 of Doha Metro, the engineering major said in a release on Thursday.

The order will be executed by L&T Electrical & Automation FZE (LTEAFZE), the competency centre for L&T Electrical & Automation's automation business in UAE. The order entails supply, installation, testing, integration, commissioning and maintenance for five years for 37 stations.

L&T Construction, the construction arm of Larsen & Toubro Limited (L&T), has won orders worth Rs 2,170 crores across its various business segments.

Its power transmission & distribution (T&D) business has secured orders worth Rs 1,169 crores. Consolidating its position in the substation segment of highest voltage level in Oman, the business has secured an order from Oman Electricity Transmission Company SAOC for turnkey construction of the 400/132 kV Qabel Grid Station and associated works.

With refinancing of infrastructure projects gathering steam, L&T Infra Debt Fund (L&T IDF), a refinancing unit, is raising about Rs 2,500 crore through debentures to provide liquidity for road and renewable energy projects.

As on September 30, 2016, its net worth was Rs 660 crore (excluding preference shares), debt was Rs 2,455 crore, and outstanding loan book was Rs 2,942 crore (for 25 projects).

Larsen and Toubro Hydrocarbon Engineering today said it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.

The orders are for IOC’s Indane Maximisation project, under which it will set up a fluidised cracking unit including LPG treatment facility.

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