January 20, 2017 4:18 AM ET

Machinery

Company Overview of L&T Construction Equipment Limited

Company Overview

L&T Construction Equipment Limited manufactures and sells construction equipment. The company manufactures high pressure hydraulic components and systems and earthmoving equipment. L&T Construction Equipment Limited also manufactures hydraulic pumps, motors, cylinders, turning joints, hose assemblies, valve blocks, hydraulic systems and power drives, and allied gear boxes. The company was formerly known as L&T-Komatsu Limited. As a result of acquisition of L&T Construction Equipment Limited by Larsen & Toubro Limited, the name was changed in April 2013. The company was incorporated in 1997 and is based in Bengaluru, India. As of April 12, 2013, L&T Construction Equipment Limited operates as ...

Bellary Road

Byatarayanapura

Bengaluru,  560092

India

Founded in 1997

Phone:

91 80 2216 5100

Fax:

91 80 2363 6065

Key Executives for L&T Construction Equipment Limited

Deputy Chief Executive Officer
Company Secretary
Age: 48
Compensation as of Fiscal Year 2016.

L&T Construction Equipment Limited Key Developments

L&T Construction Signs a Contract with Maharashtra Government

L&T Construction's Smart World & Communications Business Unit announced the signing of the formal contract with Department of Information & Technology, Maharashtra Government, under with Nagpur will be converted into country's first large-scale integrated Smart City. The scope of work will cover laying of 1,200 km of optical fiber network backbone, creating 136 city wi-fi hotspots at key locations, establishing 100 digital interactive kiosks and developing city surveillance systems with 3,800 IP based cameras.

L&T Construction Wins Orders Valued INR 20,460 million

L&T Construction has won orders worth INR 20,460 million across various business segments. The Power Transmission & distribution Business has won engineering, procurement and construction orders worth INR 8,260 million. The scope of work includes construction of projects for rural electrification under the Integrated Power Development Scheme, extra high voltage substations and overhead transmission lines across various locations in India. The Heavy Civil Infrastructure Business had secured a order worth INR 6,750 million in the metro sector. The scope of the work primarily includes the construction of elevated viaducts and elevated stations. The company's Building & Factories Business bagged a residential project worth INR 4,340 million from a client. The scope of work includes engineering, procurement and construction of three towers each of G+30 floors, with 2 levels of common basement and other ancillary facilities. The Transportation Infrastructure Business secured additional orders worth IN R 1,110 million in its various ongoing projects.

L&T Construction Wins INR 10.7 Billion Order in Saudi Arabia

L&T Construction has won a railway order worth INR 10.7 billion in the Kingdom of Saudi Arabia. The order is from BACS consortium (Bechtel - Almabani - CCC - Siemens) for the construction of Ballastless Tracks for Riyadh Metro Lines -1 & 2 on a Design & Build basis. The project involves the construction of 62.86 KMs of double ballastless tracks in tunnels, viaducts, atgrade sections and three depots. The project is scheduled to be completed in 40 months. The Transportation Infrastructure business comprises roads, runways (airside infrastructure) and elevated corridors, railways construction, railways systems and international infrastructure. It has grown steadily over the years and secured prestigious orders in the railways and roads segments. The business team has vast experience in project management, engineering design & construction management which gives it a competitive edge. The business has a pan-India presence and is also present in GCC countries with multiple projects.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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