Larsen & Toubro (L&T), a leading engineering and construction major, has made announcement that the company has pocketed four contracts worth Rs 1637 from HPCL-Mittal Energy and Hyderabad Metro Water Supply.

According to the sources, the proposed orders were secured for executing water supply project and for building two power generation units. The sources further revealed that the company has bagged orders totaling Rs 937 crore from Hyderabad Metro Water Supply and Sewerage Board (HMWSSB) and Delhi Jal Board.

The company has been awarded an Energy Performance Contract (EPC) water supply project worth Rs 582 crore by Hyderabad Metro Water Supply and Sewerage Board (HMWSSB) under Godavari drinking water supply project phase-I. It entails construction of trunk mains of MS pipe to bring treated water to Hyderabad city. The contract period is of 24 months.

Further, the conglomerate has bagged two EPC projects worth Rs 355 crore from Delhi Jal Board for supplying, designing, and starting of MS twin-pipeline. Both projects are finalized in a period of 21 months.

According to the company sources, L&T has pocketed fourth contract of Rs 700 crore from HPCL-MIttal Energy, a joint venture of Hindustan Petroleum Corporation and Mittal Energy Investments.

The sources further disclosed that the proposed order was bagged by the chemical plant business unit of L&T engineering and construction division for building two 4,4000 TPA capacity Hydrogen generation unit for HMEL's refinery in Punjab. The work includes residual process design, detailed engineering, pre-commissioning and commissioning.

Stock of Larsen and Toubro, ended the day at Rs 790, down 0.22 percent on National Stock Exchange (NSE). The total volume of shares traded at NSE was 3,707,824.