Larsen & Toubro - Joint Ventures

Joint Ventures

• L&T Modular Fabrication Yard LLC,Sohar,Oman- A joint venture (JV) with Zubair Corporation,Oman The modular fabrication yard project is the first of its kind in the Gulf and will be completed in two phases. Its emphasis on localisation and skills training will create jobs for Omani nationals as well as fuelling the growth of ancillary industries around the plant and contributing to the overall industrial development of the region.

• L&T Kobelco Machinery Private Limited - It is a Joint Venture between L&T and Kobe Steel of Japan for the manufacturing of Internal mixers and twin screw rollerhead extruders for the tyre and rubber industry. This JV will strengthen and widen the portfolio of L&T's Rubber Processing Machinery business.
• L&T and CASSIDIAN- It is the 74:26 Joint Venture between L&T and Cassidian, new name of EADS Defence & Security aiming at manufacturing, design, engineering, distribution and marketing in the fields od electronic warfare, radars, avionics and mobile systems (like Bridges) for military application. This JV is based in Talegaon, near Pune and in Bengaluru.
• L&T T&D SA Pty Ltd.- A joint venture (JV) with Befula Investments Pty Ltd, (trading as Rossi Engineering with office in Durban) in South Africa, to capitalise on the power transmission and distribution opportunities in South Africa.
• L&T Special steels & Heavy Forging Pvt. Ltd.- A joint venture (JV) with Nuclear Power Corporation of India Limited (NPCIL), for establishment of super heavy forging nuclear equipment manufacturing facility at Surat-Hazira.
• Larsen & Toubro Heavy Engineering LLC, Sohar, Oman - A joint venture (JV) with Zubair Corporation, Oman, it is a heavy engineering fabrication facility.
• L&T-SapuraCrest JV - A JV with SapuraCrest Petroleum Berhad, Malaysia for providing services to offshore construction industry worldwide. The joint venture will own and operate the, a Heavy Lift cum Pipelay Vessel.
• L&T-Valdel Engineering Limited - A JV started with Bangalore-based Valdel Engineers & Constructors Pvt. Ltd. It offers upstream engineering services to the oil and gas sector. The entity formerly known as John Brown Engineering was established in the year 1991 at Bangalore as a Joint Venture between John Brown Engineers & Constructors, UK, Global Leader in providing Engineering Services for Oil & Gas Industry and MSR Group its Indian Promoter for providing Integrated & Quality Engineering Services to meet the growing needs of Oil & Gas Sector in India. Subsequently in the year 1996 Kvaerner ASA, Norway acquired assets of John Brown. Later in the year 1999 MSR Group acquired entire stake. L&T made the decision to acquire equities in Valdel in tune with its vision of business focus in Hydrocarbon Sector.
• L&T-Chiyoda Limited - A JV with Chiyoda Corporation of Japan, it offers international-grade engineering services to the hydrocarbon processing industries that include refineries, petrochemicals, oil and gas processing, LPG and LNG terminals, fertilisers, chemicals, etc.
• L&T-Sargent & Lundy Limited - A JV with Sargent & Lundy (USA), it offers a range of engineering and design services for the power sector.
• HPL Cogeneration Limited - Provides power to Haldia Petrochemicals Limited.
• L&T International FZE - A wholly owned subsidiary of L&T, incorporated in 2001 at The Hamriyah Free Zone, Sharjah, United Arab Emirates. It is the investment arm of L&T for all international joint ventures and provides resources for international projects.
• Larsen & Toubro (Oman) LLC - A JV between L&T International FZE and The Muscat Trading Co. LLC. This ISO 9001 company offers products and services in the construction field, with specialization in turnkey projects.
• Larsen & Toubro Electromech LLC (formerly Zubair Kilpatrick LLC) - A JV company of Larsen & Toubro International FZE and The Zubair Corporation in the Sultanate of Oman. LTEM is engaged in construction and service sector through four business units, namely: MEP works (Building Services), Electrical and Instrumentation works for Oil and Gas sector, Maintenance and Construction works in E&I sector and Facility Management for large assets.
• L&T and Eastern Contracting LLC Joint Venture - Building a residential property (295 ‘grandeur’ villas of Ground + 1 configuration, conforming to 11 different types of Mediterranean, Spanish and European styles of architecture) in Dubai Sports City for Victory Heights Golf Residential and Development LLC.
• Larsen & Toubro Readymix Concrete Industries LLC - A JV between L&T International FZE and Mr. Shukri Saleh Yahya Al Braik, a UAE National. Incorporated in 2006, the plant in Dubai offers all grades of concrete including specialized concrete such as HPC, SCC and colored concrete.
• Larsen & Toubro Saudi Arabia LLC - A JV between L&T International FZE and Engineer Khaled Hizam Al-Nabet, a Saudi National. It offers turnkey solutions in specialized fields of oil and gas, petrochemicals, fertilizers and chemicals, infrastructure, buildings, factories, power transmission and distribution and telecommunication projects.
• Larsen & Toubro Qatar LLC - A JV between L&T International FZE and AL Jazeera International Trading WLL. It offers turnkey solutions in specialized fields of buildings and factories, roads, bridges, airports, transmission lines, industrial electrification, petroleum and petrochemical projects, fertilizer plants, pipelines, water, sewerage and drainage system.
• Larsen & Toubro Kuwait Construction WLL - A new venture of L&T and Kuwait-based Bader Al Mulla group focusing on construction projects in oil and gas, power and infrastructure, with primary focus on electro-mechanical construction.
• L&T-ECC Construction (M) SND. BHD - A company incorporated in Malaysia by L&T with three Malaysians, Syed Mohsen Alhabshi, Datuk M Rajasingam and Sivajothi Rajendram, to undertake engineering and construction for all types of industrial and infrastructure projects in Malaysia.
• L&T-RAMBOLL Consulting Engineers Limited - A JV of L&T and Ramboll A/S of Denmark that offers international quality design, project engineering and consultancy services for infrastructure projects.
• Voith Paper Technology (India) Limited - A JV between Voith Paper GmbH & Co. KG, Germany and L&T. It offers a range of solutions for fiber systems, paper and board industry.
• NAC Infrastructure Equipment Limited - Accepts deposits and rents out high-value, multipurpose, specialized and general purpose infrastructure equipment with value-added services.
• L&T-HCC JV Jharkhand Road Project - A JV of L&T and HCC for constructing an 80 km four-lane concrete road with rigid pavement in Jharkhand, India.
• L&T-KBL JV - A JV of L&T and Kirloskar Brothers Limited, for executing Engineer-Procure-Construct (EPC) lift irrigation project, which involves lifting 7.80 TMC water from Goddamvaripalli village to Goddumarri Anicut in the Cuddapah district of Andhra Pradesh, India.
• HCC-L&T Purulia JV - A JV of L&T and HCC, for implementing the Purulia Pumped Storage Project with an installed capacity of 900 MW (4x225 MW each) for West Bengal State Electricity Board (WBSEB) and NHPC.
• L&T-AM JV - A JV between L&T and Alpine Mayeder Bau GmbH, Austria is constructing a 11.3 km long, 5.6m finished diameter, concrete lined Head Race Tunnel for NTPC’s 4x130 MW Tapovan Vishnugad hydropower project in Uttaranchal.
• PATEL-L&T Consortium - A consortium of L&T and Patel Engineering Limited is constructing Diversion cum Spillway Tunnels (43 m High, 186 m Long), Spillway, Intake Structures and part of Head Race Tunnel (7.25 m dia horseshoe shaped, 5.9 km long) for NHPC’s 4 x 130 MW Parbati Hydro Electric Project – Stage III at Himachal Pradesh.
• International Seaports Dredging Limited (ISDL) - A JV between Dredging International N.V, Belgium and L&T, formed to exploit dredging market in all SAARC countries, Myanmar, Thailand and Indonesia. It is presently executing maintenance and capital dredging works in India with major jobs in Dhamra Port, Orissa and Gangavaram Port, Andhra Pradesh.
• Metro Tunneling Group (MTG) - A JV of DYWIDAG International, (Germany), L&T (India), IRCON International Ltd. (India), Samsung Engineering & Construction (South Korea) and Shimizu Corporation (Japan). It is constructing an underground metro rail corridor in Delhi for the Delhi Metro Rail Corporation (DMRC). It is currently executing a 3.10 km tunnel project by cut and cover method, using tunnel boring machines (Package BC – 18).
• L&T Infrastructure Development Projects Limited - A subsidiary company of L&T, implements various infrastructure projects through Public-Private Partnerships (PPP). It executes projects on Build-Operate-Transfer (BOT), Build-Own-Operate-Transfer (BOOT), Build-Own-Lease-and-Transfer (BOLT), Build-Own-Operate-Share-and-Transfer (BOOST) basis and other variants including the annuity approach. A number of developmental projects are executed by L&T under various sectors on EPC basis through special purpose vehicles (SPVs) promoted by a consortium of private and public players.
• L&T Transportation Infrastructure Limited - It was formed to design and construct Tamil Nadu's first private BOT road project - the 28 km Coimbatore bypass and a two-lane bridge across river Noyyal at Athupalam.
• L&T Western Andhra Tollways Limited (L&T WATL) - Executing the project for four-laning the road from Jadcherla to Kothakota section of NH-7 in Andhra Pradesh, on BOT basis.
• L&T Vadodara Bharuch Tollway Limited (L&T VBTL) - It has been formed for the development of the six-laning of NH-8 from Vadodara to Bharuch in Gujarat on BOT basis.
• L&T Inter State Road Corridor Limited (L&T IRCL) - It is executing the four-laning of the 76 km highway between Palanpur and Swaroopgunj on the East West Corridor (NH-14), on BOT (annuity) basis.
• Narmada Infrastructure Construction Enterprise Limited (NICE) - An SPV formed for design, construction, maintenance and operation of the 1.4 km second Narmada bridge, including 4.6 km of approach roads, on BOT basis on NH-8 at Zadeshwar, Gujarat.
• L&T Western India Tollbridge Limited (L&TWIT) - An SPV, for constructing the 335m two-lane bridge across river Watrak on NH8 at Kheda, Ahmedabad-Vadodara section of NH8, on BOT basis, including 9.2 km of approach roads and strengthening of 10 km of the existing road.
• Second Vivekananda Bridge Tollway Company Limited (SVBTC) - An SPV formed to finance, design, build, operate and maintain the 6.1 km six-lane bridge across the Hooghly River on NH-2 near Kolkata on BOT basis.
• L&T Panipat Elevated Corridor Limited - An SPV formed to construct 3.4 km six-lane elevated flyover on NH 1 in Haryana.
• L&T Uttaranchal Hydro Power Limited - An SPV, is formed for the implementation of the Singoli Bhatwari Hydro-Electric Project, a run-of-the-river scheme on river Mandakini in Rudraprayag district of Uttarakhand, on BOOT basis.
• International Seaports (Haldia) Pvt. Limited. (ISPHL) - An SPV, formed to execute the project for the construction and operation of Berth No 4A in Haldia Dock Complex, on BOOT basis.
• Kakinada Seaports limited (KSPL) - An SPV formed to operate the existing facilities on a 610m long terminal and for developing an additional berth at Kakinada Deep Water Port in Andhra Pradesh.
• The Dhamra Port Company Limited (DPCL) - An SPV formed for developing and operating the port of Dhamra in the state of Orissa.
• L&T Urban Infrastructure Limited - L&T-UIL is a subsidiary company of L&T IDPL, formed to develop and promote residential and commercial complexes in all the leading cities and metros.
• Bangalore International Airport Limited (BIAL) - A JV of Karnataka State Industrial & Investment Development Corporation (KSIIDC), Airports Authority of India (AAI), Siemens, L&T and Unique (Zurich Airport) of Switzerland, to develop an airport at Devanahalli, Bangalore on BOOT basis.
• L&T Infocity Limited (LTIL) - A JV of L&T and Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) for developing HITEC City (Hyderabad Information Technology Engineering Consultancy City). LTIL also operates and maintains all services in HITEC City and provides engineering and design consultancy, marketing and O&M consultancy.
• L&T Infocity Lanka Private Limited (LTILPL) - An SPV has conceptualised and rendered project management services and promoted the IT facility for HSBC in Colombo.
• L&T Infocity Infrastructure Limited (L&T IIL) - A subsidiary of LTIL and has developed an IT Park in Salt Lake, Kolkata.
• Vizag IT Park Limited (VIPL) - It has developed an IT Park project for HSBC Electronic Data Processing India Private Limited (HDPI) at Siripuram, Visakhapatnam.
• L&T Tech Park Limited - A subsidiary of L&T IDPL, formed to promote an IT Park in Kakkanad, Kochi, Kerala.
• L&T Phoenix Infoparks Limited - A subsidiary of L&T-UIL, is developing HITEC City II at Gachibowli and Intellicity at Nanakramguda in Hyderabad.
• Cyber Park Development & Construction Limited - An SPV with Software Technology Parks of India (STPI), has developed a “Cyber Park” in Electronics City, Bangalore.
• L&T Arun Excello Realty Private Limited - A JV with Arun Excello, formed to promote an integrated township “Estancia” on GST Road, Chennai.
• L&T South City Projects Limited - A JV between L&T, Dinesh Ranka Associates and Pragnya Trustee and Investment Management Company, to develop an integrated township at Siruseri on the Old Mahabalipuram Road, Chennai and off Bannerghatta Road, Bangalore.
• L&T Vision Ventures Limited - An SPV promoted along with Vizag Urban Development Authority, to develop a township in Vizag on a 55-acre (220,000 m2) land (2.5 mi sft., 250 villas and 900 apartments, club house and a school).
• CSJ Infrastructure Private Limited - An SPV of L&T-UIL promoted to develop an integrated commercial complex in Chandigarh. It will come up on a 20.16 acres (97607.76 sq. yd) land parcel in the Industrial Area Phase-I of Chandigarh. This Integrated Commercial Complex will have a Shopping Mall of 11.15 lakh sq.ft, an upscale hotel of 250 rooms and a high-end office space of 3.75 lakh sq. ft.
• L&T Crossroads Limited - A JV between L&T and Piramal Holdings Limited, has developed a covered car parking spaces (seven levels) and air-conditioned commercial area in Nariman Point, Mumbai.
• Hyderabad International Trade Expositions Limited (HITEX) - Promoted by L&T Infocity Limited (LTIL), National Academy of Construction (NAC), Hyderabad Urban Development Authority (HUDA), Andhra Pradesh Tourism Development Corporation (APTDC) and Municipal Corporation of Hyderabad (MCH). This trade exposition centre has been developed for trade fairs and exhibitions.
• Andhra Pradesh Expositions Private Limited - Organises exhibitions/trade fairs and events at the exposition centre in collaboration with national, international event management companies.