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L&T bags over Rs.1000 crore orders in August 2002
     

L&T's Engineering & Construction Division has booked orders aggregating to an impressive Rs.1002.05 crore in August 2002.
The biggest among these is an order for Rs.580.97 crore. It involves executing Diesel Hydrotreater (DHDT) and Hydrogen package for the Panipat plant of Indian Oil Corporation Limited.

Two more orders received during the same period are for the procurement, fabrication and installation of clamp on structure at EC, SE, IM, SU, NM and NH platforms for ONGC, valued at Rs 32.62 crore; and for the supply and commissioning of equipment for pyro processing upgradation for J. P. Cement Limited, the order value being Rs 8.50 crore.
Another major order bagged during the period is from Gujarat State Petronet Limited for carrying out pipeline composite works between Paguthan and Baroda and is valued at Rs 110.73 crore. Lafarge Surma Cement also has placed a Rs 108.75-crore order on L&T for constructing a long belt conveyor.
Also bagged during August 2002 is another interesting order from Business Parks of Mauritius Limited for the construction of Ebene Cyber city in Mauritius for Rs 73.50 crore. This is a state-of-the-art knowledge park spread across an area of 150 acres and consists of construction of a Cyber Tower with a built-up area of about 45,000 sq. metres. Under another contract worth Rs 28.25 crore, L&T will construct an Administrative Building for Cognizant Solutions. Andhra Pradesh Generation Corporation Limited has placed an order on L&T to construct VTPS Cooling Towers under a Rs 19-crore contract.

The other orders won by L&T during August 2002 are from SAP Labs, National Aluminium Company Limited, Golden Distilleries, Belle Vue Clinic, Tata Hydro Electric Power Authority, Central Railways and Tamil Nadu Water & Drainage Board and their total value is Rs 39.73 crore.

"These orders are the result of integrated efforts by L&T to continually optimize its costs and delivery schedules and benchmark itself with global construction majors in terms of IT-enabling the project management," said Mr. A. Ramakrishna, L&T's Deputy Managing Director.
"These orders have been booked despite the depressed economic conditions prevailing in the country and a general lack of spending on infrastructure. Our engineering capabilities with 3D model experience and process intensive strength is a critical enabler to qualify for such projects," said Mr. K. Venkataramanan, L&T's President (Operations) and Member of the Board.

 
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