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Vol. 48, No. 3 & 4, Jan-Jun 2011 LARSEN & TOUBRO LIMITED

NEWS VIEWS&

POWER

TOTALSOLUTIONS

IN

CONTENTS

Editor:D. Morada

Editorial Team: Jairam N. MenonLawrence Mohan Sanchita Dwivedi Marianne Nazareth Sukhi Shivaraman

Designer:Jayanta Behera

Photographer:Nirav DaveSushil V. Shinde

Cover Story

Prism

In Focus

Gallery

3-13

14-25

33-35

26-32

A press conference was held at a hotel in South Mumbai on May 19, 2011. Later, L&T’s

top management, led by Mr. A.M. Naik, Chairman & Managing Director, addressed business analysts at the same venue. The figures mentioned below and the accompanying collage of clippings from reputed publications tell the story of L&T’s impressive performance.

Figures Speak for Themselves

L&T reported Gross Sales of `15213 crore, for the quarter ended March 31, 2011, registering a growth of 13% over the corresponding quarter of the previous year. Gross Sales for the full year at `43886 crore grew by 19 % y-o-y.

An impressive growth of 27% in Order Inflow achieved during the quarter ended March 31, 2011, helped

the Company record an Order Book of `130217 crore as at March 31, 2011. Inspite of deferment of some infrastructure and power project orders, the Company could achieve an increase of 15% in Order Inflow for the year 2010-11. Profit after Tax (PAT) for the year ended March 31, 2011 excluding exceptional and extraordinary items, at `3676 crore, grew by 15% over the previous year. The Board of Directors has recommended a dividend of `14.50 per equity share.

PERFORMANCEIMPRESSIVE

on Key Parameters

L&T REGISTERS

Chairman & Managing Director, Mr. A.M. Naik, along with other Board Members,addresses business analysts at a conference in Mumbai.

Cover Story

News & Views, January-June 2011 3

Despite the challenges and

uncertainties of the economic

environment, L&T posed

impressive results in the

financial year 2010-2011.

4 News & Views, January-March 2011

Cover Story

Driven by a favourable economic outlook, improved tariff realisation and better policies,

the power sector is now attracting the highest volume of investments. With an installed capacity of 1, 94,000 MW, as on March 2011, and per capita consumption of 730 KWh per annum, a growth rate of 7-8% is envisaged. Demand is being further fuelled by

the domino effect of growth propelling growth. This phenomenon can be seen in rising urban prosperity, increased consumer spends, improving standards of living and a relentless and critical drive to attain 100% rural electrification.

The nation is facing a power deficit of 8% and a peaking shortage of 10% (Source: Central Electricity Authority). Clearly, more than anything else, it is

this deprivation which is impeding greater growth and straining the 8% that is being achieved at the moment. To bridge this gap, the country has set a target of capacity addition of 1,05,000 MW and 1,35,000 MW for the 12th and the 13th five year plans (Source: Planning Commission). It is in this environment of prevalent shortage and liberating growth that L&T Power

TOTAL SOLUTIONSAHEAD WITH

POWERING

Power plants generate more than megawatts. They facilitate economic growth and accelerate social development. As this plant in Andhra Pradesh does. It lights up the future.

For decades, the power sector

of India has languished under

an indifferent policy regime.

While there have been a few

success stories in the last 4-5

years, the road that lies ahead

is dotted with innumerable

challenges that spring from

the gaps between plans and

actual deliveries witnessed by

the sector. Today, however,

there seems to be light at the

end of the tunnel.

And L&T Power is poised to

lead the way.


Cover Story

has made its presence known with its unique proposition of offering total solutions in the power sector.

L&T Power – Comprehensive Capabilities

L&T Power integrates L&T’s varied offerings in the thermal power sec-tor and seamlessly combines diverse strands of experience in engineering, manufacturing and project manage-ment along with a strong manage-ment focus on providing turnkey so-lutions. Its facility at Hazira, Gujarat has seen L&T Power emerge as the second largest domestic boiler, tur-bine and generator (BTG) equipment manufacturer. L&T Power is the only

Indian company with in-house ex-pertise to design, engineer, fabricate,

manufacture and construct these equipment, with superior project

management all along from concept to commissioning.

Advantage – L&T Power

The company has been offering more than 85% by value of a thermal power plant using its in-house capabilities.

L&T Power has fully integrated facilities with detailed engineer-ing and manufacture of all crucial components, which include boiler auxiliaries like critical piping, ESPs, high capacity fans, coal pulverizers, air pre-heaters, heat recovery steam generators in both vertical and hori-zontal configurations.

Hazira – the country’s first integrated manufacturing facility – is the fifth

Captive & Co-generation Power Plant control room operations in the control building for IOCL in Panipat.

Track RecordL&T Power’s experience in the power sector includes several milestones to its credit. The Company is executing the first 700MW supercritical project in the country, on an EPC basis. The first 800 MW turbine generator island in India is being supplied and executed by L&T Power.

6 News & Views, January-June 2011

Cover Story

largest fabrication facility in the world.Committed to the conservation of

scarce resources like land, water and fuel, L&T Power is working ceaselessly to improve plant efficiency and optimise plant layouts. Here are a few landmarks of the last five decades:

Major Power Projects Under Execution

For a young organisation, L&T Power has come a long way. In 1990s, the company started undertaking engineering, procurement, construction (EPC) contracts for combined cycle power plants (CCPPs) and also commenced

manufacturing heat exchangers for the turbine cycle. It gathered experience in boiler and steam turbine erections and Balance of Plant (BoP) execution such as civil work, coal handling plants, cooling towers, chimneys, critical valves, water management systems and turnkey electrical Balance of Plant (eBoP) solutions that comprised

L&T is executing a power project for APPDCL. This picture shows a rotor being lifted from the vessel hatch after being transported to the vicinity of the site in Andhra Pradesh.

Power plant executed by L&T for IOCL at Panipat.

First single pass Tower Type Trans-Electro Boiler Erection

Neyveli Lignite- 3 x 210 MW (1983-87)

First 110MW (BHEL) Boiler Erection

Panki Power UPSEB(UPRVUN) - 2 x 110 MW (1974)

First 500 MW Boiler Erection

Tata Power, Trombay - Unit 5 1x 500 MW (1980-83)

First F Class Heat Recovery Steam Generator

Vemagiri CCPP -388 .5 MW (2003)

First 660 MW Supercritical Boiler Erection

For NTPC Sipat (2005 , Boiler of Doosan)

First order for 800 MW STG Island

First order for feed equipment for 800 MW : Condenser, HP, LP Heaters, DEA


Cover Story

switchgear, switchyard / substation, and control & automation. Today, L&T Power has a healthy mix of BTG, BoP, Islands, EPG, Gas EPC projects – both from Government and IPPs (Independent Power Producers).

The company has already bagged orders for power plants with a combined capacity of over 10,000 MW. Its first order for 800MW steam turbine generator for Krishnapatnam Project of Andhra Pradesh Power Development Company Limited (APPDCL) is in the execution stage. Several other turbines and boilers are under fabrication and are on way to meeting delivery schedules.

The huge competence-pool that

Induced Draft Cooling Tower at Bakreswar Thermal Power Station.

Manifold drilling for Jaypee Nigrie Project.


The turbine manufacturing facility at Hazira.

L&T Power has at its command and its track record have infused high levels of confidence in its customers. As a result, repeat orders have kept order books brimming. For instance, the successful execution of GMR’s 388.50MW combined cycle power project has resulted in the company placing a repeat order for 2x384 MW gas-based units for the combined cycle power project at Vemagiri in Andhra Pradesh.

Another prestigious encore is from the Jaypee group for the supply and execution of 3x660 supercritical BTG islands at the Karchana thermal power project near Allahabad. Earlier, L&T Power had received a similar order from them for the commissioning of


Cover Story

2x660 MW BTG islands for their Nigrie project.Besides the initial BoP order of 2x600 MW for MPPGCL for their Malwa Project in

Madhya Pradesh, recently L&T Power also received two balance of plant (BoP) orders of 2x600 MW each from Visa Power and DB Power in Chhattisgarh.

Supercritical Technology

Supercritical Technology is globally recognised as among the more eco-friendly solutions to power generation. It ensures higher fuel efficiency leading to higher plant efficiency. Carbon emissions are reduced by more than 5% and there are savings on various fronts i.e. 5% savings in fuel, 20% savings on land, 6-7% savings on water and 30-35% on spares. The supercritical boiler manufacturing facility can take its place among the icons of modern industry. It incorporates global standards of technology at every section. The facility’s present annual capacity for boilers and related auxiliaries is 5000MW, which can be scaled up rapidly. The manufacturing strength of L&T–MHI is a vital component in L&T’s capability. It will boost the country’s self-reliance in a critical area and ensure power for progress.

Joint Ventures

Collaboration brings together the best in global industry to generate solutions fine-tuned to suit specific local requirements. L&T Power draws on the strengths of its global partnerships. Since 2007, the company has established a number of new joint ventures and partnerships that enable it to provide high value supercritical boilers, turbine-generators, electrostatic precipitators (ESPs), fans and air pre-heaters. Here’s a look:

Mitsubishi Heavy Industries Limited, Japan

L&T has a JV with Mitsubishi Heavy Industries (MHI), one of the world’s leading heavy machinery manufacturers, with consolidated sales of over USD 34 billion. Its diverse line-up of products and services encompasses energy, material handling and transportation equipment, aerospace, machinery & steel structures and shipbuilding & ocean development. MHI has over five decades of experience in manufacturing supercritical boilers and turbine-generators. It possesses state-of-the-art technology and has the world’s most extensive references of large

capacity supercritical boilers & turbines. MHI is a global leader in steam turbine manufacturing, with a dominant market share for large size turbine-generators. Its exclusive ‘Technology Transfer Agreement’ enables L&T Power to design, manufacture, erect and commission supercritical boilers, turbine-generators (500-1000 MW) and pulverizers.

Mitsubishi Electric Corporation, Japan

L&T also has a JV with Mitsubishi Electric Corporation. With operations in 35 countries and more than 100,000 employees, MELCO has

worldwide operations covering electrical & electronics equipment, space development & satellite communications, industrial technology, energy, transportation & building equipment. MELCO’s Energy and Industrial Systems Group offers turbines, hydraulic turbine generators and nuclear power plant equipment. MELCO leads the global large capacity generator manufacturing market.

LLC Sargent & Lundy, USA

Sargent & Lundy provides complete consulting, engineering and project development services for all types

A supercritical turbine being manufacturerd at L&T’s Hazira facility.


Coal Handling at Raichur Thermal Power Project.

of fossil fuel power generation and power delivery projects. Its record of accomplishments includes the design of around 1000 power plants totaling 122149 MW, for clients all over the world. Globally available and locally accessible, S&L has had a 15-year association with L&T. L&T-S&L, has a team of experienced engineers who deploy advanced technology to engineer customised solutions for power projects world-over.

CMI, Belgium & CMI-EPTI, USA

CMI is one of the world’s major suppli-ers of heat recovery steam generators


Cover Story

(HRSGs). Turbine manufacturers, EPC contractors and operators of power plants across the globe acknowledge the superior features and benefits of the CMI design. HRSGs are offered either in vertical or horizontal design. CMI, Belgium has more than 500 references in HRSGs worldwide. L&T has a technological collaboration with CMI which helps optimise L&T’s EPC offering to customers.

Clyde Bergemann EEC Inc, USA

Clyde Bergemann EEC designs and supplies air pollution control equipment and services for a variety of applications and customers. A leading supplier since 1946, with over 1500 installations, worldwide, it has one of the largest installed bases of electrostatic precipitators in North America. The Clyde Bergemann EEC precipitator incorporates state-of-the-art design elements to provide unsurpassed emissions performance and equipment operating characteristics. L&T Power leverages this capability to offer to the Indian power sector electrostatic precipitators conforming to global standards.

Howden

L&T’s JV with Howden designs, engineers, manufactures and markets, axial fans and rotary air-preheaters for thermal power plants rated 100 MW to 1200 MW. An experienced technical team provides after-sales services.

L&T – A Vital Partner in our Business Journey

‘‘

‘‘

I am overwhelmed at this opportunity to write about our association with L&T and L&T’s engineering and project management skills in power projects.

Over the years, GMR Group has developed a reputation of executing challenging projects and creating new benchmarks at national and international levels, with airports, urban infrastructures, barge mounted power plant, coal and gas based power stations, etc. L&T has been one of our vital associates in achieving these goals. Over the years, this association has become stronger.

Presently, L&T is executing a 2x384 MW GREL CCPP at Vemagiri, near Rajahmundry (AP) on EPC basis. The new project is adjacent to 1x388.5 MW VPGL CCPP, which was also executed by L&T. The plant was commissioned in 2006 and is running well.

I have always appreciated the professionalism, commitment, ethics and values of L&T-ites. L&T is rightly perceived as a leading organisation in the engineering, manufacturing and power projects space.

I strongly believe that the impact of good engineering lasts way beyond the project phase as it determines the ease of operability and maintainability of the plant. L&T has a reputation for providing excellent engineering, which not only meets the construction requirements but also facilitates easy operation and maintenance.

I am sure that the relationship and the bond between our two organisations will further strengthen with mutual trust and unity of purpose.

I would like to convey my best wishes to L&T for their vision of becoming a significant contributor in the Indian power sector.

Mr. S.N. Barde, Executive Vice President, GMR Energy Business

This logo is the propery of GMR.

Customer Kudos


L&T – A Trusted Partner

‘‘

‘‘

It gives me great pleasure to have this opportunity to write a few words about L&T. My warm greetings to L&T-ites for being our partners in our endeavours to meet the country’s energy needs.

We highly appreciate the professional way in which L&T has been handling various projects, building its own expertise and transferring the same for better execution of projects.

L&T is an organisation that has built tall structures, large industrial projects, and prestigious buildings, showcasing its superiority as an Indian company of which we are all proud. I am happy to state that L&T has been our partner in our major projects like DHDS/DHDTs, PTA Plant, MS Quality Improvement projects, Naptha Cracker Project and equipment like hydrocracker reactor and breach lock exchanger. Many of these have been first of their kind in the country.

L&T not only provides world-class engineering but also makes sure to meet the requirements of ease of operation and maintenance.

Talking specifically about the Naptha Cracker Project in Panipat, L&T executed the co-generation and captive power plant of 238 MW capacity and 2x406 TPH of process steam, which has been a mainstay of commissioning of the entire Naptha Cracker Complex. The plant was commissioned in record time for similar projects in India and is also comparable to the world’s fastest executed similar project.

L&T has always been in the forefront in developing world-class industrial complexes. I would like to convey my best wishes to L&T for the future, with the hope that in the coming years the Company will keep creating and surpassing benchmarks.

Mr. S.N. ChoudharyExecutive Director

Naptha Cracker Project, IOCL

This logo is the propery of IOCL.

Customer Kudos


L&T’s MFF first rose out of the marsh and silt of the River

Tapi in 1986. It was one of the many early visionary ideas of our Chairman & Managing Director Mr. A.M. Naik (then heading the erstwhile Group II). The concept of modular fabrication itself was in its infancy in India, and L&T’s facility was a milestone for our country and company.

For over a decade after it came into being, Hazira played host to many historical achievements including the celebrated ‘sail-outs’ of huge platforms. Never one to bask in past glories, MFF

had to keep shifting the goal posts, with yesterday’s targets becoming today’s starting point. A vigorous programme of expansion, modernisation and upgradation was put in place, and MFF came out bigger and better than ever before.

New facilities and specialised production sections of MFF have been periodically inaugurated over the years. Mr. K. Venkataramanan, Member of the Board & President – E&C Projects, cut the ribbon on the Engineering & Project Management Center, popularly called MFF-EPC Block, in 2008, and

inaugurated the latest facilities in June 2010. Mr. V.N. Desai, Vice President and Head, MFF, Hazira, aptly said – “It’s a new avatar of the MFF”.

Spreading Wings to Hazira West

MFF’s presence is now almost as much on the ‘west’ as on the ‘east’. As with Powai, it is the road that acts as the point of reference. On the west, MFF has over 9 workshops covering app. 26,000 sqm, including the Piping Shops, the mechanized shot blasting & paint shops,

NEW AVATARThe

MFF, HAZIRA

Mr. K. Venkataramanan (middle, first row) with L&T-ites working in the Company’s Hazira facility.

Change is constant. Often,

it is a slow, almost

imperceptible process. But

at the Modular Fabrication

Facility (MFF), Hazira, change

has been turbo charged, with

results that are dramatic,

far-ranging and decisive.

In Focus


Process skids assembly shops, Beam-Line shop and Structural steel processing and Pre-Fab shops. All of them are fully covered shops with latest machinery comparable to any International module fabrication facilities. Further, the giant subassemblies and skids/modules are prefabricated on well laid out tracks and Goliath crane facilities. This is a major shift. What was once made in the open yard is now made in under- roof conditions, with all the attendant benefits of safety, quality and speed and still continue to work effectively during three months monsoon season.

Each of the shops has its own tale of targets achieved and even more ambitious goals for the future.

Piping Spool Shops

The successful completion of any offshore project or a process plant is determined by how effectively Piping

& Process discipline is controlled during fabrication or construction. “It is this single discipline among others which make or break a project

with regard to achieving completion schedule popularly called “ Mechanical

Completion “of the Project.” Says Mr. V.N.Desai, Vice President and Head, MFF, Hazira.

With this objective to reduce overall cycle time to achieve Mechanical Completion, apart from improving productivity, safety, quality & reliability and streamline production processes, four piping shops have been established to handle different metallurgy materials involved in piping and process. The shops measure appr.12,000 sqm and equipped with latest material handling facilities, equipment and machinery for automatic and semi-automatic welding processes, x-ray and Gamma ray for quality control and NDT, apart from automatic 5-axes pipe cutting and auto blast and priming facilities for raw material and components. The capacity of pipe spool shops is approx. 3000 inch-dia per day of pipe work which bench marks any other similar facilities existing in the world, says Mr. Sunil

Mr. U. Dasgupta, Sr. Vice President, Upstream SBG, (4th from left) inaugurates the latest facilities at Hazira, in the presence of other L&T-ites.

This facility has also helped L&T undertake critical piping for onshore DHDT project for MRPL, to achieve mechanical completion as per schedule, in addition to winning accolades from client regarding quality and schedule. ‘We must maximise fabrication of all critical piping work for all our EPC projects at MFF, Hazira,” says Mr. K. Venkataramanan.

In Focus


Bajaj, Sr.DGM, MFF responsible for facility development, automation and Plant Engineering. As a part of major quality improvement programme, separate shops have been created to process ferrous and non-ferrous steel piping to ensure separation of consumables, improved preservation and eliminate contamination during fabrication, which otherwise may result in in-service failure and poor quality reliability. Without establishing such facilities, it would have been impossible to achieve timely completion of fast track MHNRD II Project for ONGC, reiterates Mr. H.T.Naik, Jt. General Manager, MFF.He says further, his team could achieve appr 30% reduction in overall cycle time in prefab and erection of piping spools for conventional, 1800 MT each,

on four Well Head cum Production Platforms for MHNRD II.

This facility has also helped L&T undertake critical piping for onshore DHDT project for MRPL, to achieve mechanical completion as per schedule, in addition to winning accolades from client regarding quality and schedule. ‘We must maximise fabrication of all critical piping work for all our EPC projects at MFF, Hazira,” says Mr. K. Venkataramanan.

Beam Line & Structural

The structural processing facility, popularly known as ‘beam line shop’, measuring approx. 3000 sq.m. is equipped with the latest technologically-advanced computer controlled robotic machine, which is under commissioning

and trial production. It has the capacity to process structural sections up to 300 MT per day, or three shifts, and is capable of producing intricate profiles directly from drawings generated at the design centre. The machine gives high quality dimensional tolerance, thereby significantly reducing the time required during the fit-up stage, assembly and installation. “We have been able to achieve significant reduction in the manpower required for structural assembly, thereby reducing the cycle time, and improving quality and safety,” says one of our business associates responsible for platform fabrication.

Auto-Blast & Paint Shop

The highly corrosive sea environment encountered at high seas demands

The Auto Shot Blast Facility at Hazira.


highest quality of protective surface coating and painting during service for offshore platforms which are normally designed for 25 years operating life. High quality of surface preparation and coating is a must.

Young engineers from MFF under-took the SGA process through TQM approach, analysed the various com-ments received over last five years and came out with the process improve-ments required to be carried out in-cluding investment decision and cost benefit analysis. “And at last, what a transformation I am seeing in paint-ing quality improvement!” exclaimed Mr. James Varkey, General Manager, ONGC during one of his visits and project review meeting at MFF, Hazira.

The auto-blast shop, measuring approx. 3000 sq.m., is equipped with

the latest automatic blasting machine capable of achieving output of approx. 200 sq.m. per hour. In addition, having such a facility under covered shops has

resulted in a cleaner environment and use of clean energy. The even blasted

surface that is so achieved reduces paint consumption and brings down volatile organic carbons (VOCs) and paint effluents.

With so much of components and sub-assemblies manufacturing now taking place in the ‘West’, the pressure on the original ‘Yard’ is considerably re-duced. It is now free to focus on assem-bly and load-out of modules. This has led to an increase in speed and throughput. “Despite the fact that Modules are not fully assembled in the ‘West’, for the first time during year 2010-2011, we could achieve production of 33000 MT against our initial capacity of 22000 MT and we hope to achieve an equivalent output of app 35000 MT during 2011-2012,” says Mr. H.K.Umarwadia, Sr. DGM Central Scheduling & Project Management, MFF.

The highly corrosive sea environment encountered at high seas demands highest quality of protective surface coating and painting during service for offshore platforms which are normally designed for 25 years operating life. High quality of surface preparation and coating is a must.


Streamlined Operations

Changes have been wrung in on the east side too. Large warehouses have been set up to enable products to be stored for quick and easy retrieval, improved inventory accounting and quality preservation. Capacities at these warehouses range from 2000 MT to 6000MT.

The main warehouse, built over an area of 4000 sq.m., has the capacity to provide storage space of approx. 40,000 cu.m., and storage systems for nearly 10,000 engineering items. Facilities have been created to provide controlled atmospheric storage that is required for instruments and automation equipment. “In addition, a specialised warehouse of area approx. 2000 sq.m., has been created for the storage and preservation of architectural materials required for the five-star 150-men living

quarters,” says Mr. P.N. Ravindran, Jt. General Manager, MFF, responsible for production and production services. The entire inventory system is maintained through SAP and provides direct access for information across all SBUs of the Hydrocarbon Upstream SBG.

Integration through SAP

While the new shops and facilities are large and visible, what is perhaps most significant is the transformation that you cannot see – the new systems that now integrate all operations at MFF and are further integrated with all SBUs of Upstream SBG, including Powai and Kattupalli facilities. Advanced Enterprise Resource Planning software systems now embrace every aspect of design, planning, procurement and manufacturing, developing project

control legacy systems such as e-ALPS and E-SPS and successfully integrating with SAP v. 6.0. technology that helps orchestrate multiple activities to boost efficiency. As with everything that

MFF takes up, it scored high on ERP implementation too. So much so, that SAP chose the unit for Best Run Award in Engineering, Construction and Operations (ECO), and bestowed upon

Technology has helped in other phases too. For instance, the BOCAD system for structural modeling, enables a swift transfer from design to manufacture. Skills have been transferred from man to machines.


A recently inaugurated warehouse at Hazira.

A view of the yard and the Goliath cranes.

L&T an award for Customer Excellence – 2010 for a neat IT implementation in a fabrication facility that supports large E, C & O customer needs. Mr. U. Dasgupta, Sr. Vice President, Upstream SBG, who presided over the Go-Live function on January 18, 2010 exclaimed that having the latest at MFF would accelerate its implementation across entire upstream operations. This committement resulted in successful roll out of SAP v 6.0 at OGSP, Powai and MFF, Kattupalli.

Technology has helped in other phases too. For instance, the BOCAD system for structural modelling, enables a swift transfer from design to manufacture. Skills have been transferred from man to machines.

Logistics and connectivity are key buzz words in modern manufacturing enterprises. MFF scores high on this aspect too. There is also an integrated

connectivity to the supply chain. The changes at MFF have won

admiration all around. Mr C.S. Rao, Vice President, Supply Chain, OGSP feels that the changes that have been brought about is almost a category shift. What was once ‘fabrication’ now qualifies to be described as ‘manufacturing’? “For the first time in the history of MFF and during the first year of independent F&A set up at MFF, Hazira, 100% assets accounting, physical verification and reconciliation with books of accounts has been achieved!” exclaimed Mr. P.S.Kapoor, Head, F&A, E&C.

The capacity of MFF has grown from 35,000 tonnes to 50000 tonnes. To this we can add the capacity of Sohar, Oman and the fledgling facility of Katupalli near Chennai. This makes up a cumulative capacity of 150,000 tonnes. This could rank among the largest

modular fabrication capacities even in global terms.

With this level of transformation in process and practice, it shouldn’t be long before we contemplate a change of letters from ‘F’ to ‘M’. Who knows, L&T’s Modular Fabrication Facility may one day be known by a name that more accurately describes its new avatar – Modular Manufacturing Facility. With it of course the hard driving engineers and technicians there will be ‘HUMMing’ a new tune – Hydrocarbon Upstream Modular Manufacturing!

Jairam MenonCorporate Communications


To develop competency in this vital aspect, Corporate EHS organised a Certified Sustainability Assurance

Practitioner Course (CSAP) at L&T’s Management Development Centre (MDC), Lonavala from April 5 to 9, 2011.

The course was conducted by expert faculty from CII-ITC Centre of Excel-lence for Sustainable Development, New Delhi, Mr. Shikhar Jain and Dr. Manish Chandekar, and covered top-ics like corporate responsibility, tools to implement corporate responsibil-ity, stakeholder engagement, GRI G3 guidelines and sustainability reporting assurance standards.

About 20 participants were drawn from various operating divisions – ECCD, E&C, HED, EBG, MIPD and L&T Infotech – from diverse locations like Faridabad, Kansbahal, Baroda, Bangalore, Mumbai, Vizag, Ahmednagar, Mysore, Chennai, Kolkata, Jamshedpur and Ahmedabad. Many of them used sustainable modes of transport to arrive at the MDC, saving approx. 4 tonnes of carbon dioxide emissions.

The programme started with a short introduction by Mr. Kaustubh Phadke, who – in true ‘sustainability’ style – began with safety instructions. Mr. Alok Sharma, Head – Corporate Sus-

The participants’ expectations were many and varied, touching upon subjects like –understanding AA1000 (AccountAbility) standards, making better reports, reducing emissions, understanding the spirit of sustainability, institutionalising EHS concepts, fulfilling customer expectations and adopting the best site practices.

SUSTAINABILITY

A Step

TOWARDSCSAP

Delegates at the CSAP course.

The crucial components of

sustainability practices for

a company are measuring,

monitoring, assuring and

disclosing its sustainability

performance to its key

stakeholders.


In Focus

tainability, welcomed the participants and Mr. Ajit Singh, EVP – Corporate Infrastructure and Services, inaugu-rated the programme.

Mr. Sharma said that learning was a continuous process at L&T and must be leveraged to make a difference to the organisation. Mr. Singh spoke on

the importance of the triple bottom-line, adding that India is poised for phenomenal growth, which can have a great impact on the environment. He spoke on L&T’s sustainability initiatives and reflected upon sustainability reporting being both a challenge and an opportunity.

A unique feature of the programme was the daily review that was carried out. Each evening, a group of participants would be notified of their selection as ‘course recorders’ of the day. The course recorders would have to present a synopsis of the day’s programme to the rest of the participants, on the next morning. This ensured enhanced learning for the participants. The daily presentation and deliberation on case studies and open forum discussions elicited maximum participation, which is essential for the success of any programme, particularly those meant to make a significant impact in vital areas like people, planet and profit.

The topics covered in the course were: Corporate Responsibility (CR), CR relationship to current laws and regulations, CR Tools, Stakeholder Engagement, Sustainability Reporting, GRI-G3 guidelines, Principles of Account Ability and Accountability Assurance (AA1000) Standards. There were three sessions – carbon footprint mapping and its benefits, energy management and solar business – for sharing best practices and exploring new conservation opportunities across all L&T locations.

The aim of the programme was to develop in-house capability in the area of sustainability assurance and to formulate a cross-functional sustainability assessing team, which will play an active role in improving the triple bottom line performance, sustainability reporting and assurance process. It also sought to better manage and ensure uniformity in L&T’s sustainability data, thus improving the internal verification process. It also provided exposure to the participants on stakeholder engagement and identification of material issues. The participants gave positive feedback on the faculty members.

Mr. Kaustubh PhadkeMs. Sunanda Sharma

Mr. Ajit Singh lights a lamp to inaugurate the workshop. Standing on the left is Mr. Alok Sharma.

The audience in rapt attention at one of the sessions.


In Focus

Dump Trucks

Recently, L&T ushered a new era in the Indian mining industry with the introduction of the first-ever electrical dump trucks of 240 ton payload capacity to the Vedanta Group. During early 2010, L&T commissioned 17 Komatsu 830E-AC Dump Trucks at Rampura-Agucha Mines (Rajasthan) of Hindustan Zinc Limited (HZL), a Vedanta Group Company. With this move, L&T enabled the penetration of latest technology,

demonstrating the superiority of electrical trucks over the mechanical ones of the same class and distinction. These trucks have been productively engaged in moving huge volumes of overburden and mineral ore from the opencast mines of HZL. L&T had sourced these trucks from Komatsu’s manufacturing plant in Peoria, IL, USA.

L&T also markets and provides after-sales product support for Komatsu’s HD785 Dump Truck (100 ton payload capacity) and HD465 Dump Truck (60

ton payload capacity) for use in coal, cement and iron ore mining sectors in India. These trucks are manufactured in the manufacturing facility of Komatsu located in Chennai. Commencing from 2007, more than 400 dump trucks have been successfully deployed in the Indian mining industry.

Hydraulic Excavators

With the hydraulic excavator being one of the most productive resources in the

MINING FRATERNITY the INDIAN

L&T EMPOWERS

Komatsu 830E-AC Rear Dump Truck.

When it comes to mining

operations in India, L&T has

been in the forefront with its

offering of cutting-edge mining

equipment and comprehensive

solutions for the mining industry.

The Construction and Mining

Machinery Business Unit (CMB)

of L&T, markets and supports

the entire range of mining

equipment sourced from its

partner, M/s. Komatsu Limited,

from its various manufacturing

plants across the globe.


In Focus

mines, L&T is promoting several top-end models of Komatsu machines such as:

All these models have found a place in the domestic mining sector encompassing coal, limestone, iron ore, bauxite and other minerals. Of this, PC2000 Excavator is singularly the most popular machine amongst customers, in the 200-ton class. Combining strategy and technology, L&T has been promoting PC2000 in the opencast mines and has found it a great success in terms of robustness,

availability and production. The PC2000 Excavator has taken the Indian mining industry by storm, in the short time since it was introduced. The machine was a show-stealer at the International Mining & Machinery Exhibition (IMME) 2010 in Kolkata, where it had been displayed for the first time. Its robust engineering, innovative technology and sheer power caught everyone’s eye.

In the category of super-large hydraulic shovels, L&T offers PC 4000 (400 ton operating weight, 22 cubic metre bucket), PC 5500 (500 ton operating weight, 29 cubic metre bucket) and PC 8000 (800 ton operating weight, 42 cubic metre bucket) Hydraulic Excavators, manufactured by Komatsu Mining Germany. These could be equipped with a wide range of options, and supplied with diesel or electric-driven excavators with

backhoe or front shovel attachments and bucket sizes.

Wheel Loaders, Wheel Dozers, Bulldozers & Motor Graders

In keeping with this trend of providing total fleet solutions, L&T has also been bringing in other large-size Wheel Loaders, Wheel Dozers, Bulldozers, and Motor Graders. Komatsu WA900 Wheel Loader (13 cubic metre bucket) has been deployed productively in Tata Steel’s Naomundi Iron Ore Mines, while other models like WA800 (11 cubic metre bucket), WA700 (8.5 cubic metre bucket), WA600 (6 cubic metre bucket), WA500 (5 cubic metre bucket), WA470 (4 cubic metre bucket) are deployed at other sites.

Among Bulldozers, D475A (850 HP Engine), D375A (525 HP Engine),

Komatsu WA900 Wheel Loader, the largest wheel loader delivered to Tata Steel - Naomundi Mines.

PC800 (80 ton class operating weight; 4~4.5 cubic metre bucket)

PC1250 (100 ton class operating weight ; 6~7 cubic metre bucket)

PC2000 (200 ton class operating weight; 12~14 cubic metre bucket)

PC3000 (250 ton class operating weight; 15 cubic metre bucket)


D275A (410 HP Engine), D155A (360 HP Engine) models are currently working in various Indian mines. These large-size dozers fitted with rippers, are being increasingly used in mining projects where blasting is prohibited. WD600 (485 HP Engine) Wheel Dozer is being used by HZL, EMTA Coal Limited and National Mineral Development Corporation. L&T has also supplied GD825 (280 HP Engine) and GD705 (200 HP Engine) Motor Graders for developing and maintaining haul roads in various Indian mines.

KOMTRAX Plus – Electronic Tool for Monitoring Components

L&T also offers KOMTRAX Plus, a tool designed by Komatsu to provide proactive support to customers to help

lower operating costs and to maximise equipment availability. This electronic system monitors the health of different components of the equipment through a network of sensors and onboard microprocessors. Data measurements are sent via satellite or through web-based applications to an online database, such that customers can view critical equipment parameters even from remote locations, to take proactive action for preventive maintenance. This helps them optimise equipment capabilities and usage. On mining dump trucks, Payload Monitoring System is also integrated with KOMTRAX Plus. As per records, nearly 600 units of Komatsu Mining equipment, operating in India, are equipped with KOMTRAX Plus.

After-Sales Support

L&T’s value proposition to its customers is ensured with its superior after-sales

product support through doorstep-service by the dedicated service support team and through its spare parts warehouse at project locations. These are further supplemented by the regional spare parts warehouses, central warehouse at Nagpur and five fully equipped service centres at Delhi, Durgapur, Nagpur, Chennai and Pune.

With mining in India moving up to mega scale, L&T has geared to meet the requirements of the Indian mining fraternity through comprehensive solutions – application engineering, optimum fleet recommendation, life cycle costing, full range of mining equipment, full maintenance contracts and much more. L&T remains committed to customer delight by harnessing the best of technology and providing intelligent solutions.

The mammoth Komatsu PC2000 Hydraulic Excavator, at the L&T Stall, at IMME 2010.


In Focus

It was the dominance of sheer pow-er and engineering of the mam-moth 200-Ton Komatsu PC2000 Hydraulic Excavator that drew huge crowds to the L&T Stall at the 10th

International Mining &Machinery Exhibition 2010. The largest-ever machine to be exhibited in India, the PC2000 Hydraulic Excavator occupied prime space in the Salt Lake Stadium, Kolkata, where L&T’s Construction & Mining Machinery Business Unit and Komatsu India Pvt. Ltd. put up an exemplary show, at what is Asia’s largest event for the mining industry.

Other equipment on display were the giant Komatsu HD785-7 – the 100 Ton Rear Dump Truck from Komatsu India’s state-of-the-art Chennai Plant and Scania P380 – the 18.8 Cu.M Tipper Truck from Sweden. Besides, aggregates like reconditioned engine, transmission, pumps and a number of critical spare parts that form the lifeline of the mining equipment were also on display. Towering flags and large images of working equipment added to the visibility of the stall.

The outdoor stall, spread over 925 sq. m., included a specially done-up closed stall with meeting halls and a large viewing area. There was a comprehensive table-top display of original parts and the service team was quick to answer queries related to value-added offerings from L&T’s service centres. Komatsu Group’s representatives also showcased their new practices in fleet management solutions, fuel consumption studies and parts management.

Mr. J.P. Nayak, Member of the Board & President – Machinery &

Industrial Products, L&T led the top management along with Mr. S. Raghavan, Sr. VP, Industrial Products & Machinery and Mr. S.K. Mittra, EVP, Construction Machinery Sector to the stall. Mr. Arvind K. Garg, GM – Construction Equipment Business; Mr. Arun Pai, GM – Product Support Department; Mr. D. Banerjee, Head – Mining Equipment Business and Mr. B. Dinakar, Head - Construction & Mining Tipper Business actively participated in the daily events held during the exhibition.

Scania P380 Tipper Truck, with its eye-catching colour and dynamic body, was a big crowd-puller. Keen to expand its footprint in the Indian market with its high efficiency and drivability, the Scania team

showcased all the improvisations made on the product over the years.

IMME 2010 brought in a number of leading companies from across 22 countries to showcase their technological strengths and manufacturing prowess. It was organised by the Confederation of Indian Industry in association with the Ministry of Mines, Government of India and Coal India Limited. Australia was the Partner Country at the exhibition and Germany was the Focus Country. The Global Mining Summit was held concurrently to address issues ranging from accelerating investments, protecting the environment and enhancing safety, so as to make the Indian mining sector globally competitive.

PC2000 Display at IMME 2010 Draws Huge Crowds

Mr. V. Prabhakar Reddy, MD – VPR Mining Infrastructure Pvt. Ltd. receives the symbolic key of the Scania P380 Tipper Truck from Mr. J.P.Nayak, President – MIPD. Mr. S.K.Mittra, EVP – CMB, applauds.


In Focus

Prism

Katupalli is credited with building L&T’s heaviest ever well-head platform and that too within a

year of commencing operations. Mr. K. Venkataramanan (KV),

Member of the Board & President – E&C Projects, described the achievement as a “360-degree success” – result of seamless integration of multiple units, across different ICs, towards a shared goal.

Mr. U. Dasgupta, Senior Vice-President, listed out Kattupalli’s many benchmarks – all of them “achieved in one stroke”. Mr. P.R. Prabhu, Vice-President – Commercial Shipbuilding, Mr. M. Ramkumar, Vice-President – Hydrocarbon Construction & Pipelines and Mr. V.N. Desai, Vice-President – Hydrocarbon Upstream also congratulated Team Kattupalli.

Equally effusive in their compliments were senior personnel from GSPC and Engineers India Limited who said that the execution of such a large platform on what was barren land until just a year ago, showed that L&T could make “the impossible possible”.

The event was a cherished occasion for a number of young GETs involved in the project who received mementos reading ‘Sail Out to Success’ – and a warm arm clasp from KV.

Kattupalli Crosses Maiden Milestone with Sail-Out of Well-head Platform

Well-head platform for GSPC poised for sail-out.

KV breaks a coconut on the auspicious occasion.

L&T’s sprawling Modular

Fabrication Facility – Kattupalli

– set a benchmark on May 8,

2011, with the sail-out of a

2000-tonne, 6-legged well-

head platform for Gujarat

State Petroleum Corporation.


The JV, based in Talegaon near Pune and in Bengaluru, will be active in the defence electronics

market. It aims to cover manufacturing, design, engineering, distribution and marketing in the fields of electronic warfare, radars, avionics and mobile systems (such as bridges) for military applications. The JV will cooperate closely with Cassidian’s new engineering centre in Bengaluru where systems design and engineering activities will be carried out in the fields of electronic warfare, radars and avionics for military application.

Mr. M.V. Kotwal, Member of the Board & President – Heavy Engineering said “The coming together of L&T with Cassidian is a major milestone in the area of defence electronics. It will not only serve the Indian armed forces with state-of-the-art technology, but also provide a platform for making significant contributions to the high-technology defence equipment global market.”

Mr. Bernd Wenzler, CEO – Cassidian Electronics said “Cassidian is a high-tech company supporting global security by

the development of high tech product and system solutions for armed forces and civil security worldwide. We are proud of joining forces with one of India’s biggest technology companies, and would like to establish an Indian industrial base for our European technologies with the development of a long term partnership.”

The new JV will deliver indigenous solutions for military requirements of Indian customers as well as the world market. Thus, the Indian JV company will provide the armed forces with locally produced high tech equipment and assured life-time support.

Recognising L&T-IES’ growing engineering engagements established with EADS Tier-1 suppliers, EADS Group Procurement signed a contract with L&T in January this year. This agreement will also enable L&T to be a part of EADS

strategic programmes.Since 2006, Cassidian has been

working in a successful partnership with the Defence Avionics Research Establishment (DARE), a reputed DRDO (Defence Research & Development Organisation) laboratory based in Bengaluru, and cooperates with CABS (Centre for AirBorne Systems). On February 8, Cassidian inaugurated an engineering centre in Bengaluru that will employ more than 100 Indian engineers in the mid-term.

L&T has played a leading role in India’s indigenisation efforts in defence equipment and systems. With an impressive track record that includes design, development and manufacture of integrated multi-disciplinary defence systems, L&T has matured into a trusted partner for the Indian Armed Forces and DRDO.

L&T and Cassidian Join Forces

Prism

Cassidian and L&T have

joined forces in the field of

defence electronics. The Indian

authorities have now approved

the formation of a joint

venture (JV) company between

L&T and Cassidian, the newly

renamed Defence and Security

Division of Europe’s leading

Aerospace and Defence

Group - EADS.


Our Company has a substantial contribution in the successful launch and accurate tracking

of the space vehicle. Many of the critical components of the PSLV were manufactured at L&T’s aerospace shop in Powai and the Advanced Composites facility in Ranoli, Vadodara. This includes a number of middle segments for PSLV solid propellant rocket, solar array deployment mechanism - wingsets and honey comb deck panels for upper stage and heat shield of PSLV.

In a milestone achievement, L&T has to date successfully rolled out

100 middle segments for PSLV solid propellant rocket and 22 wingsets of solar array deployment mechanisms from the Aerospace Shop in Powai.

Of equal significance is L&T’s contribution to tracking the PSLV on its spectacular journey through space. The C Band Tracking Radar, manufactured at Powai, tracked PSLV-C16 up to a distance of 3292 km in transponder mode for 801 seconds. The S Band Radar tracked the space vehicle up to 421 km in skin mode for 256 seconds.

The PSLV-C16 launch is the latest milestone in L&T’s space odyssey.

PSLV-C16, ready for launch.

L&T Shares in Kudos for PSLV Launch

Following the 17 continuous

successful flights of the PSLV

series, the Polar Satellite

Launch Vehicle PSLV-C16

has placed India’s space

programme in a new orbit

of success. L&T, once again,

has a special reason to

applaud the success of

this mission.


Prism

The facility, spread over 4 lakh sq. feet, was inaugurated by the Chief Minister of Gujarat, Mr.

Narendra Modi, on January 12, 2011. The project includes a spacious

convention and business centre, well-equipped exhibition halls and service buildings. When fully completed, the facility will host one of the world’s largest public roof gardens, atop the convention and exhibition centres.

The record time of 182 days was possible thanks to the use of innovative methods like precast technology, sophisticated construction equipment and tandem lifting using heavy cranes. Design and execution were also carried out in parallel to save time.

The site already holds the distinction of having achieved 6 million safe man hours with a battalion of a 4000 strong workforce.

A 3D rendering of Mahatma Mandir - a centre dedicated to the father of the nation - coming up in Gandhinagar, Gujarat.

L&T Completes Phase–1 of Mahatma Mandir Facility in Record Time

L&T has set a benchmark by

executing the first phase of

the Mahatma Mandir in a

record time of just 182 days,

on design and build basis,

covering all civil, mechanical,

electrical and IT system work.


L&T’s valve manufacturing facility in Coimbatore

received the coveted certificates of authorisation from the American Society of Mechanical Engineers (ASME) to use the coveted ‘N’ and ‘NPT’ stamp. This authorisation allows L&T to participate in the global market for valves for nuclear power.

L&T, a key supplier of industrial valves to global majors in oil & gas and power, has a strong presence in the Indian nuclear power industry. Valves supplied by L&T are in operation in NPCIL projects across the country as well as major thermal power plants.

The state-of-the-art valves

plant is a part of L&T’s high-tech manufacturing hub in Coimbatore.

The product range includes high-pressure valves in ASME class up to 4500. The plant boasts the latest in manufacturing technology and has in-house capability to carry out high pressure high temperature endurance tests.

First Indian Valve Manufacturer to Secure ASME ‘N’ & ‘NPT’ Certification

Control & Automation (C&A), part of L&T Electrical & Auto-mation, displayed offerings and

specialised solutions for ‘Smart Grid’ at the 4th Smart Energy India Conference, held over a period of three days, begin-ning January 31, in New Delhi. The con-ference highlighted Smart Grid as an enabler of renewable energy.

The theme chosen by C&A to showcase its offerings was – ‘Optimising Energy. Powering Sustainability.’ The display at the event included solutions like Automatic Meter Reading (AMR) over RF, SCADA/DMS solutions for Power Distribution Companies (DISCOMs), etc. C&A specialises in offering IT-enabled solutions to power distribution utilities for measuring the AT&C losses as well as SCADA/DMS solutions.

The event was attended by senior executives from the Power DISCOMs, Ministry of Power, Power Finance Corporation, Regulatory Commissions

etc. The opening address was made by the Joint Secretary of the Ministry of Renewable Energy, Ms. Gauri Singh.

The range of issues addressed at the workshop included the challenges faced

by distribution utilities and how they could be overcome through Smart Grid, development of a Smart Grid roadmap, and discussion on developing India’s Smart Grid strategy.

Senior VP – E&A, Mr. S.C. Bhargava flanked by (L-R) Mr. Clopas Rodrigues, Mr. Sandeep A. Bhat, Mr. R.R. Marathe, Mr. Manuel Galnares of Telvent Energia, Spain, Mr. Radomir from Telvent DMS, Serbia and Mr. Venkata Sarma, at the L&T stall at Smart Energy 2011.

L&T Showcases Smart & Sustainable Solutions at Smart Energy India – 2011


Prism

L&T’s prestigious Booster Com-pressor Platform Project

(BCP-B2), executed for ONGC in the South Bassein Gas Field, has once again come in for high praise. The project has won the coveted Infrastructure Excel-lence Award for 2011 in the ‘Oil and Gas’ category.

At a special ceremony in Mumbai, the Union Minister of Power, Mr. Sushilkumar Shinde, presented the award that was received on L&T’s behalf by Mr. Dinesh Gupta, Exe. Vice President (Operations) – Domestic Oil & Gas Sector Projects and Mr. Subhash Bhavsar, the Project Manager for BCP-B2.

Valued at about `1300 crores, the project was executed on turnkey basis. L&T completed the project in 2008, ahead of schedule, despite the unprecedented flood situation in Surat, in August 2006.

The project involved fabrication

work spread over three countries – India, Malaysia and Oman and excellent safety record.

Declared as a ‘model’ project by the

Director Offshore of ONGC, the project has also won the coveted Distinguished Project Award from the Project Management Institute, USA.

L&T Bags Infrastructure Excellence Award for BCP-B2 Project

Mr. Sushilkumar Shinde presents the Infrastructure Excellence Award for 2011 in the ‘Oil and Gas’ category, to Mr. Dinesh Gupta and Mr. Subhash Bhavsar.

Mr. Sanjay Sinha, CEO – L&T Mutual Fund has been elected as a Director on the

Board of AMFI (Association for Mutual Funds in India) at the Special General Membership Meeting on April 26, 2011.

Mr. Sanjay Sinha is an Honours Graduate in Economics from University of Delhi and a Post Graduate from IIM Kolkatta. He has a rich experience of over 21 years in the mutual fund industry. As a member of the Board of Directors of AMFI, Mr. Sinha’s responsibility will be to recommend best practices to

be followed by AMCs. The Board will interact and represent to the Securities and Exchange Board of India (SEBI), the Government and Reserve Bank of India on all matters concerning the Mutual Fund industry.

AMFI is the apex body of all the registered Asset Management Companies in India. AMFI promotes and protects the interests of mutual funds and their unit holders, and maintains high professional and ethical standards in the mutual fund industry.

Mr. Sanjay Sinha on AMFI Board


Prism

It was a milestone in L&T Construc-tion & Mining Machinery BU’s jour-ney, when the 10000th L&T-Komatsu

PC200-6 hydraulic excavator was hand-ed over to the customer at Bangalore Works on April 11, 2011.

To mark this special occasion, Mr. S.K. Mittra, Executive VP – Construction Machinery SBG, L&T, handed over a plaque to the client, Mr. D.Y. Uppar, who is one of the leading contractors from Karnataka, handling major irrigation and dam projects. Mr. Uppar has a large fleet of L&T supplied machines including over 100 PC200-6 hydraulic excavators.

Mr. S. Gopal, Chief Executive, LTK and Mr. K. Yanagisawa, Dy. Chief Executive, LTK, participated in the event along with several

officials from L&T, LTK and Komatsu India. L&T-Komatsu PC200-6 is the largest

selling hydraulic excavator in the

country in the 20-ton class. It has been deployed in various applications across the country.

In the present scenario, when the power industry is booming and L&T-Power is a forerunner in super-

critical power projects, it is important to synergise engineering to meet the chal-lenges of fast track projects.

L&T-Sargent & Lundy Limited (L&T–S&L) took a step forward with its initiative to conduct a Control and Instrumentation Workshop on Supercritical Power Plants, at L&T Knowledge City, Vadodara.

The workshop was attended by people from L&T Power, MHI Japan, L&T MHI Boiler Pvt Ltd (LMB), L&T MHI Turbine Generator Pvt Ltd (LMTG), L&T Control and Automation and L&T – S&L. The workshop was inaugurated by Mr.

B.K. Basu, Chief Executive, L&T–S&L and the context was set by Mr. Y.P.

Singh, Vice President, L&T Power and Gas SBU Head.

Dignitaries at the handing over ceremony.

Participants from L&T-Power, MHI, LMTG, LMB,L&T-C&A and L&T-S&L.

Landmark Day: 10,000th PC200-6 Hydraulic Excavator Rolled Out

Control & Instrumentation Workshop


Prism

Gallery

Mr. A.M. Naik in Prestigious Book

CMD, Mr. A.M. Naik’s inspirational journey has been featured in the book, ‘In Search of Change Maestros’, co-authored by former director of IIM – Lucknow, Prof Pritam Singh and senior faculty at the Management Development Institute, Gurgaon, Dr. Asha Bhandarker. The book was released at the National Centre for the Performing Arts, Mumbai, on March 7, 2011. Seen here are Mr. A.M. Naik flanked by (l to r) Dr. Bhandarker, Mr. Anil Khandelwal, former CMD of Bank of Baroda, Mr. Sajjan Jindal,Vice-Chairman and MD of JSW, Prof. Pritam Singh and Mr. Vivek Mehra, MD & CEO of Sage Publications.

In a recent survey of press citations, both Indian and global, CMD, Mr. A.M. Naik, emerged as among the most high profile of the corporate leaders of the country. He was ranked 10th in the Indian media, having seen a rise of 157 per cent, and 12th in the global media. The findings were published by the leading financial daily, Mint.

In this year’s rankings of ‘Most Respected Companies’ by Businessworld, L&T was not only ranked numero uno as ‘India’s Most Respected Company’ in the Infrastructure category, it also bagged the second slot in the overall rankings. At a ceremony in Delhi on February 8, Mr. Pranab Mukherjee, the Union Finance Minister, presented the award to Mr. K. Venkataramanan, Member of the Board & President – E&C Projects.


Increasing Media Spotlight

Businessworld Honours L&T

To increase L&T–S&L’s geographical presence and responsiveness to customer needs, a 3rd Engineering Centre was inaugurated in Kolkata by Mr. B.K. Basu, Chief Executive, L&T–S&L. The centre is expected to play a crucial role in the growth of L&T – S&L in times to come.

Engg. Centre in Kolkata

Gallery

L&T’s Hydrocarbon IC signed an MoU with IIT Madras, on March 29, for a two-year M. Tech. course on offshore structural engineering, exclusively designed to meet the requirements of L&T’s Upstream SBG. L&T will annually sponsor 10 qualifying candidates from within the company for the course. Mr. Yogi Sriram, EVP – HR and Admin Services, and Prof. M.S. Ananth, Director – IIT Madras, inked the MoU in Chennai.

On April 26, L&T Power signed an MoU with the Govt. of Madhya Pradesh, for establishing 2 x 700 MW + 2 x 800 MW (3000 MW) supercritical technology based thermal power plant in Singrauli District (proposed investment – approx. 16,500 crore). The picture shows Mr. S.N. Roy (right), Sr. VP & Head – Corporate Initiatives, exchanging documents with Mr. Mohammed Suleman, Secretary – Energy, in the presence of Mr. Shivraj Singh Chauhan, CM of Madhya Pradesh, and Mr. Rajendra Shukla, Minister of Energy (2nd and 3rd from right).

L&T bagged the ‘India Shining Star CSR Award’ for “Outstanding CSR in the heavy engineering sector” on February 19, 2011. Mr. D.B. Raju, EVP – Special Initiatives, received the award on L&T’s behalf from the chief guest, Mr. Salman Khurshid, Union Minister of Water Resources & Minority Affairs, at Mumbai. Here’s a group picture of all the award recipients with the organisers. Mr. D.B. Raju is seen fourth from the left.

The Asian Centre for Corporate Governance and Sustainability has honoured L&T with its award for ‘Best CSR and Sustainability Practices’. Mr. R.N. Mukhija, Advisor to the Chairman, received the award from Mr. S. Ramadorai, Vice Chairman of Tata Consultancy Services, and Chairman, Conference & Awards Committee of the Asian Centre and Mr. M.K. Chouhan, Vice Chairman of the Global Advisory Board of the Asian Centre, at the 11th International Conference of the Centre held in Mumbai, on February 11, 2011.


Award for ‘Best CSR and Sustainability Practices’

‘India Shining Star CSR Award’

MoU with IIT Madras

MoU with MP Govt.

Gallery

L&T MFY bagged the ‘Best Offshore Construction Yard’ award at the Maritime Awards held on the 2nd day of Shiptek 2011, the 5th International Conference on Shipping, Marine and Offshore Industry, organised by the Marine Biz TV / Aries Marine & Engineering Services in Dubai, on April 18-19. Mr. S.K. Malhotra, Chief Executive – L&T MFY accepted the award from Mr. Ved S. Chhabra, CMD of Inter Ocean Ship Repairs LLC. Also present were Mr. R. Srivatsan, Mr. C.S. Kole, Mr. D.K. Nanda and Manish Gupta.

Recognizing the excellent safety systems and practices in L&T Chiyoda (LTC), the Greentech Foundation has awarded LTC its prestigious Greentech Gold Safety Award for 2011, in the ‘Engineering’ segment. Mr. Dinesh Udpa, Chief Executive of LTC, received the award at the 10th Annual Greentech Safety Award function in Delhi, on April 29, from Mr. K. Mohan Das, Secretary – Ministry of Shipping, GoI and Mr. Kamleshwar Sharan, President – Greentech Foundation.

L&T – Power was a major sponsor at Power India, organised by India Tech Foundation, in Mumbai. Mr. Sunil Pande, EVP, L&T–Power and Mr. B.K. Basu, Chief Executive, L&T–S&L were the key speakers at the ‘Power Producers’ Meet, part of the summit. The picture shows Mr. Sunil Pande (extreme right) and Mr. B.K. Basu (2nd from left) at Power India.


Greentech Gold Safety Award for LTC

L&T–Power at Power India

Maritime Award for L&T MFY

The L&T Monthly Income Plan (MIP) bagged ICRA’s coveted 5 Star Ranking as well as the ICRA Mutual Fund Award for 2011. L&T Mutual Fund competed with some of India’s largest Asset Management Companies (AMCs). Recently, L&T MF was also ranked 15th out of the 41 AMCs in India by Businessworld-Valueresearch while L&T MIP was also ranked as the Top Monthly Income Fund in the country in the survey; L&T MIP being the only among Top 4 Fund Houses in Hybrid MIP.

L&T MIP Bags Coveted Honours from ICRA

Printed at Studio Bahar, 23-A, Central Chowpatty Building, Chowpatty, Mumbai 400007. Edited by D. Morada for Larsen & Toubro Limited, Corporate Communications Dept., L&T House, Ballard Estate, Mumbai 400 001. The views expressed in this magazine are not necessarily those of the Management of Larsen & Toubro Limited. The contents of this magazine should not be reproduced without the permission of the Editor. Not for sale - only for circulation among the employees of L&T Group of companies.

ABCI

Member

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