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Friday, June 20, 2008

L&T order book crosses Rs 1,000 cr in Q1 FY09



Larsen & Toubro Ltd (L&T) today said its Heavy Engineering Division
(HED) has bagged orders for high-tech equipment and systems worth more
than Rs 1,000 crore within two months of Q1 FY09.

''The HED has bagged orders of more than Rs 1,000 crore within two
months of Q1 FY09,'' a company statement said.

Major contracts include orders from Tata Power Company Ltd's
subsidiary Coastal Gujarat Power Ltd (CGPL) for its Ultra Mega Power
Plant (UMPP), and another contract from HPCL Mittal Energy Ltd,
Bathinda (HMEL) for critical reactors.

The CGPL contract includes supply of Surface Condensers, Feed Water
Heaters & Deaerators for five units each of 800 MW for the UMPP being
set up at Mundra in Gujarat.

Export orders include supply of coke drums for Kuwait National
Petroleum Company, Kuwait (KNPC), high pressure heat exchangers from
Petroleo Brasileiro, Brazil, ammonia converters from UHDE, Germany and
Reactors from PTT Asahi Chem Co. Ltd, Thailand.

The KNPC contract is for four Coke Drums required for KNPCs 'Clean
Fuel Project 2020'.

The equipment will be manufactured at L&T�s state-of-the-art
manufacturing facilities at Powai & Hazira.

''As the demand for critical hi-tech equipment in the country as well
as abroad is on the rise, we are expanding our manufacturing
facilities at Hazira in Gujarat and setting up a new facility at
Oman,'' company's HED Senior Executive Vice President, M V Kotwal
said.

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