SOURCE: Industrial Info Resources

July 16, 2008 05:00 ET

L&T Secures $112 Million Power Distribution Order From JSW Energy, Restructures ECC Division, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - July 16, 2008) - Engineering and construction major, Larsen & Toubro Limited (BOM:500510) (L&T) (Mumbai), recently secured a $112 million order to set up power distribution lines from the 1,200-megawatt power plant being constructed by JSW Energy Limited (Mumbai) at Ratnagiri in the western state of Maharashtra. L&T's Engineering Construction and Contracts (ECC) division will set up 400-kilovolt transmission lines over a length of 169 kilometers, connecting Jaigad to Karad and New Koyna. L&T is currently in the process of restructuring its ECC division and has split the division into four independent units. The four groups within the ECC are buildings and factories; infrastructure; minerals, metals and water; and power transmission and distribution. The units commenced independent operations from July 1, although the split will not be formalized until two years from now. Boston Consulting Group is overseeing the process.

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