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L&T Achieves Impressive Growth In Order Booking During 2002-03
     

Mumbai, April 09, 2003: L&T has achieved impressive growth in order booking during 2002-03. L&T is pleased to share the unaudited information on its order booking.

L&T's Engineering & Construction Division achieved a record order booking for the fiscal year 2002-03. The value of new orders booked for the year amounted to Rs. 9400 crores - a growth of more than 25% over the previous year. The Company's consistent efforts in increasing its international business have resulted in increase in export orders of E&C Division by more than 125% to Rs. 2120 crores.

The highlights of the year have been:

Receipt of the largest single order by the Company - a turnkey contract for PTA plant valued at Rs. 1242 crores.
Orders for road construction aggregating to Rs. 988 crores.
An order for gas processing and offshore pipelines from Songas Limited, Tanzania, amounting to Rs. 516 crores.
An order for a platform from Qatar Petroleum for Rs. 470 crores.

The receipt of large turnkey orders from India and abroad shows the confidence of the customers in L&T in the face of international competition and also the progress L&T is making in fulfilling its vision to become an Indian multinational. L&T believes that the success in international business would help in building the India brand abroad.

The overall order booking for the company has grown by about 20% to Rs. 13,000 crores.
The Company sees good order booking prospects in the refinery, oil & gas and infrastructure sector in the year ahead.

Major domestic and overseas orders received by the company during the year are listed below.

   
Rs. Crore
Domestic
Design, Engg., Manufacture & Supply of PTA (Purified Terephthalic Acid) unit for Integrated PX-PTA project for IOCL, Panipat
1242
Diesel Hydrotreater (DHDT) and Hydrogen Package for IOCL, Panipat
612
Water Distribution System at Vizag for Vizag Industrial Water Supply Co. Ltd.
336
Jaipur-Kishengarh Expressway for GVK Jaipur Kishengarh Expressway (P) Ltd
296
Upgradation of road from Hiriyur to Bellary for Karnataka State Highways - Improvement Project
269
Upgradation of road from Bahraich to Faizabad (Katra) / Road from Jaunpur to Mohammadpur for PWD, Uttar Pradesh
198
Sulphur block & associated facilities for BPCL, Mahul, Mumbai
170
Access road from Dhamkund to Sawalkot for J&K State Power Corpn. Ltd.
137
PTA Package/ Elec. Work for Panipat Refinery for Petrochem
125
Construction of LPG Cavern for South Asia LPG Co. Ltd.
120
Laboratory & animal house for NIB at Noida (UP) for Hospital Services Consultancy Co. (I) Ltd.
114
Pipeline composite works between Paguthan-Baroda for Gujarat State Petronet Ltd.
112
Orders for Water/Effluent/Sewerage Treatment plants
216
   
Overseas
Engineering, Procurement, Installation and Commissioning of living quarters and power upgrade for Qatar Petroleum
470
Engineering, Procurement & Erection for Gas Processing facilities & Offshore pipelines for Songas Limited, Songo Songo Island, Tanzania
325
Songo Songo Gas Pipeline, Tanzania, for Songas Limited, Dar es Salaam
191
Waste Heat Boiler, Steam Super Heaters, Steam Drums, Heat Exchangers, Reactors, Synthesis Converters, etc. for Oman India Fertilizer Co. (OMIFCO), Oman
156
400 kV transmission line, Fujairah, UAE, for Union Water & Electricity, UAE
152
Design, Engg, Supply, Const. & Comm of Capacity enhancement project for Sulphur Recovery Unit at Shuiba Refinery Kuwait for Kuwait National Petroleum Corp.
121
220/33 kV network in Dhabiya area and 220 kV Overhead transmission line for Abu Dhabi Water & Electricity Authority Limited
120
17-km long belt conveyor/detailed engineering of 3600 tpd Cement Plant for Lafarge Surma Cement
117
 
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