Punj Lloyd bags orders worth Rs.308 crore from Bangalore Metro

October 14th, 2009 MUMBAI - Construction and engineering major Larsen and Toubro Wednesday said it has bagged orders worth Rs.966 crore from Sterlite Industries, Uttar Pradesh Jal Nigam and Gujarat Water Infrastructure. In a regulatory statement, it received an engineering contract worth Rs.488 crore from Uttar Pradesh Jal Nigam, a government utility to oversee development of water supply and sewerage system in the state.

October 6th, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has bagged orders worth Rs.1,513 crore during the second quarter this fiscal, the company said Tuesday. Buildings and Factories Operating Co, part of L&T's construction division, has secured a Rs.621-crore contract from DB Hospitality Ltd for building a high-rise tower, India Tower, at Charni road, Mumbai.

September 12th, 2009 BANGALORE - State-run Bharat Earth Movers Limited (BEML) achieved a milestone when it delivered the country's first standard gauge metro car on Friday. Manufactured by compiling global standards, the metro train is a four-car formation, comprising two driving trailer cars and two motorcars with a capacity to carry 1,506 passengers.

July 27th, 2009 NEW DELHI - Construction and engineering major Punj Lloyd Monday said it has posted a net profit of Rs.125 crore in the first quarter this fiscal, up 27 percent from the Rs.98 crore it earned in the corresponding quarter last fiscal. Revenues increased 12 percent to Rs.2,979 crore, compared to Rs.2,658 crore in the year-ago period, the company said in a regulatory statement.

July 10th, 2009 NEW DELHI - Engineering and construction conglomerate Punj Lloyd Friday said it has bagged three projects in Libya worth Rs.5,904 crore ($1.2 billion) for building commercial and residential complexes. The contracts were awarded to Sembawang Engineers and Constructors - a wholly-owned Punj Lloyd subsidiary in Tripoli, Libya - by the International Investment and Services Co, the company said in a regulatory statement.

July 9th, 2009 BANGALORE - State-run Bharat Earth Movers Ltd (BEML) plans to manufacture hi-tech rail coaches for low, medium and high speed trains in technology collaboration with Alstom of France, a top company official said Thursday. "We have signed an agreement with Alstom for technology transfer to build coaches for light-speed, medium and high-speed trains for metro and intra-city commuting.

July 9th, 2009 BANGALORE - State-run Bharat Earth Movers Ltd (BEML) posted net profit of Rs.268 crore in fiscal 2008-09 as against Rs.225 crore the year before, registering growth of 19 percent, the listed company said Thursday. Net sales, however, grew by 10 percent to Rs.2,797 crore last fiscal from Rs.2,540 crore in 2007-08.

July 2nd, 2009 NEW DELHI - Engineering and construction major Punj Lloyd has bagged three contracts worth Rs.1,873.18 crore ($392 million) from the Housing and Infrastructure Board of Libya, the company said Thursday. As per the contract, the Indian company will build roads, networks for drinking water, sewage water and storm water and electrical and communication infrastructure in three towns in Libya, the company said in a regulatory statement.

July 1st, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has bagged orders aggregating Rs.651 crore (Rs.6.51 billion/$135 million) for two hydrocarbon projects. It has won a Rs.440-crore contract from HPCL-Mittal Energy to build a greenfield refinery at Bathinda, the company said in a regulatory statement Wednesday.

July 1st, 2009 MUMBAI - India's Engineering and construction major Punj Lloyd bagged a Rs.1,263 crore ($378 million) contract to build two key metro stations in Singapore, the company said Wednesday. The contract, awarded by the Singapore Land Transport Authority to Punj Lloyd's wholly owned subsidiary Sembawang Engineers and Constructors, is for building Botanic Gardens and Stevens stations.

June 24th, 2009 BANGALORE - Power and automation technology major ABB has bagged orders worth Rs.220 crore from Tata Projects to provide power solutions for a super-critical coal-fired power plant in Andhra Pradesh, the company said Wednesday. The 2x800 MW Krishnapatnam thermal power plant will deploy super-critical technology to ensure more efficient power generation and lower carbon dioxide emissions, ABB said in a regulatory statement.

June 4th, 2009 NEW DELHI - Realty major Parsvnath Developers has bagged an order worth Rs.19.86 crore from Delhi Metro Rail Corp for constructing a residential project at Mundka Depot here, the company said Thursday. In a regulatory statement, the company said it would build 130 flats during the second phase of the Delhi Mass Rapid Transport System (MRTS) project.

March 31st, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has bagged orders worth Rs.1,100 crore in the electrical construction sector in the January-March quarter, the company said Tuesday. The orders have come from two public sector organisations - Power Grid Corp of India Ltd (PGCIL) and Rail Vikas Nigam Ltd - and involves setting up of high-end transmission lines and sub-stations as well as completing a project for the Indian Railways, a company statement said.

February 26th, 2009 NEW DELHI - Construction and engineering major Larsen and Toubro (L&T) Thursday said it has bagged new orders worth Rs.1,162 crore (Rs.11.62 billion) for the construction of factories and residential projects. The orders have been bagged by L&T's Buildings and Factories Operating Co, which is part of its construction division.

January 5th, 2009 NEW DELHI - Engineering and construction major Punj Lloyd has secured a Rs.2.64-billion contract from Airports Authority of India to construct a new airport in Sikkim, the company announced Tuesday. The project -- at Pakyong in East Sikkim and expected to be completed in 24 months -- includes the construction of a 30 metre wide runway of 1.7-km length, taxiway, apron drainage system and electrical work on the airport.