NNVOct Dec2013 Web

CONTENTS

Editor:D. Morada

Editorial Team: Jairam N. MenonLawrence Mohan Rajendra ChaudharyMarianne Nazareth Sukhi Shivaraman

Designer: Jayanta Behera

Photographer:Tushar ThakurNirav DaveSushil V. Shinde

A Record of Service... And Splendid Recognition

Tapping the Treasure Chest Beneath the Ocean Bed

L&Ts Rajpura Thermal Power Plant Goes on Stream

Interview with Mr. Shrikant Joshi, Chief Executive, L&T Realty

- Milestone Moments- Happennings- Developments

3-11

12

27-32

25-26

COVER STORY

INAUGURATION

MAIN FEATURE

LETS MEET

GALLERY

13-19

For setting up highest standards for Corporate Social Responsibility, on December 07, 2013, L&T was rewarded with the prestigious Economic Times Corporate Citizen Award for the year 2013.

At a high-profile event that witnessed a rare coming together of the countrys top business leaders, Finance Minister, Mr. P. Chidambaram, presented Mr. A.M. Naik, Group Executive Chairman, L&T, with the award.

Instituted by the Economic Times (ET), the Corporate Citizen Award is part of the highly coveted annual bouquet of Awards for Corporate Excellence presented by the newspaper.

Accepting the award, Mr. Naik said, As a concept, CSR is ingrained in our DNA and has been part of our value system long before it became largely realised to do so. There is no short cut. The only way

A Record of Service...And Splendid Recognition

COVER STORY

Mr. A.M. Naik with the Economic Times Corporate Citizen Award.

CSR - or Corporate Social

Responsibility - is increasingly

gaining centrestage in public

discourse. The media talks

about it, international bodies

have set up tools to measure

it and governments have

begun to enquire about

expenditures and outlays.

How appropriate then, that

just when the subject is fully

in the spotlight, L&T wins one

of the most coveted awards in

the CSR space!

News & Views, October-December 2013 3

growth is sustainable is when growth is inclusive.

The awards jury cited L&Ts steadfast commitment to CSR over the years. It said that over 700,000 people among the marginalised sections of the society are beneficiaries of L&Ts on-going interventions in education, skill building, and mother & child care.

Some of the biggest and most respected names from Corporate India constituted the awards jury including: Kumar Mangalam Birla, Chairman of Aditya Birla Group; K.V. Kamath, Chairman of ICICI Bank; Harish Manwani, Chief Operating Officer of Unilever Plc; Aditya Puri, Managing Director of HDFC Bank; Nandan Nilekani, Chairman of the Unique Identification Authority of India; Mallika Srinivasan, Chairman and Chief Executive of Tafe; Shailendra Singh, Managing Director of Sequoia Capital; and Anshu Jain, Co-CEO of Deutsche Bank.

Headed by Anshu Jain, the jury

identified governance as the over-arching theme for the awards this year and emphasised on the need to implement stronger, more foolproof mechanisms of corporate governance

across organisations. In selecting winners for this years awards, it also factored in elements such as sustainable business models, successful globalisation, long-term vision, growth, innovation and the

COVER STORY

The new railway construction training facility at CSTI, Kancheepuram.

Construction skills training institutes (as the one featured above) form a key element of L&Ts sustainability program.

4 News & Views, October-December 2013

COVER STORY

ability to generate consistent cash flow.The Corporate Citizen category in

which L&T won, witnessed a hearty discussion on whether companies that had incorporated sustainability into their business model should be rewarded as against companies that simply donated money to build schools and hospitals.

Historically in developing economies like India, organisations have often deemed the broader community (of which they are a part) and the issues therein outside the scope of their business. Even today, barring an extremely small number, most companies in India neither take into account their full impact on society and environment nor do they assume responsibilities that go beyond plain commerce.

L&T belongs to a small minority which believes in creating shared value. A champion of the cause since its earliest days, the Company has in place corporate policies and practices that while

enhancing its competitiveness, also look to advance the socio-economic realities of the communities surrounding it.

L&Ts social responsiveness long predates the entry of terms like CSR into

the corporate lexicon. The Company has always believed in growth that is inclusive and as a result reached out to assist the communities in which it operates. Whereas for others sustainability might

Childrens education forms a key part of L&Ts CSR agenda.

Mr. K. Venkataramanan, CEO & Managing Director, handing over the key of the Science Van as part of science education program for the community.


COVER STORY

have been be an afterthought, for Larsen & Toubro it has always been a part of the collective character.

The Company invests in the growth of communities around its campuses through various social initiatives. Some of the main thrust areas for L&T in the recent years have been education, mother & child healthcare, and skill building. Its social interventions in education are focused on providing primary education, infrastructure development and enhancing the learning experience for children in schools in the vicinity of its units across India. As part of its efforts, L&T has also extended support to pre-schools, assisted in infrastructure development, and set up computer labs and libraries as well as provided teaching-aids and uniforms to the needy.

In terms of caring for the health of young mothers and their children the company has set up health centres with a focus on reproductive health, conducted diagnostic and clinical health camps that support maternal and child health care, immunisation and health education.

L&T is one of the few construction organisations in India with dedicated skill training institutes which offer the prospect of subsequent employment with contractors at the Companys project sites. It provides formal vocational training in construction for the largely unorganised workforce in this sector through Construction Skills Training Institute (CSTI). Besides, it has also introduced vocational training programmes in tailoring, beautician skills, home nursing and food processing for women as such training helps build self-reliance among the marginalised.

An employee volunteering initiative, also known as L&T-eering, has been institutionalised as a company-wide movement driven solely by the passion to serve communities. This is further aided by different chapters of L&Ts Ladies Clubs, led by the spouses of Company employees across various locations. These Ladies Clubs pool their skills and

resources in the spirit of service to work towards the development of communities.

The Larsen & Toubro Public Charitable Trust (LTPCT) committed to the inclusive growth of society through interventions in education, vocational training, health care and water management adds yet another dimension to the community service efforts of the Company.

Caring for the environment is integral to L&Ts CSR agenda and the Green Philosophy acts a compass for the Companys future sustainability roadmap. Some of the more visible examples of this are seen across its construction businesses where L&T now lays a great deal of emphasis on eco-friendly construction. L&T has built

more certified green buildings than any other company. Its ambitious Metro Rail project in Hyderabad is expected to help make the city green, reduce automobile traffic, save fuel and arrest greenhouse gas emissions. In Mumbai, L&Ts mono rail project is expected to deliver similar results when operational.

In the last few years, L&T has taken the lead in building solar PV power plants and providing solutions for desalination, wastewater re-cycling and re-use for wastewater treatment. Its Hydrocarbon business has a long track record of EPC execution of projects for fuel switch, dehydrogenation and desulphurisation for fertiliser manufacturers and refineries.

Another example of L&Ts concern for

Eager, young minds are lead through the wonders of science.


COVER STORY

Tailoring classes for underprivileged women help them achieve financial independence.

environment can be seen in its Power Business where it offers the supercritical solution. Supercritical thermal power plants use steam in a way that improves the turbine cycle heat rate which reduces carbon dioxide emissions as well as other lifecycle costs such as land and water.

L&Ts focus on sustainability can also be seen across its Heavy Engineering Business where under a technical tie-up with Shell, the Company manufactures and supplies equipment that helps to derive gas from coal. This is one of the many ways in which L&T is helping reduce dependency on a single, increasingly finite fuel source. Besides, a range of products in the Companys electrical & automation portfolio is helping industries and domestic consumers at home and commercial complexes increase the levels of energy efficiency.

The Company has aligned itself with several National Action Plan Missions as part of its CSR and Sustainability efforts. These include a considerable

amount of work in areas such as Solar Energy, Creating Sustainable Habitats, Water Conservation, Adoption of Green Methodologies, Sustainable Agriculture, Sustaining the Himalayan Ecosystem, & Strategic Knowledge for Climate Change.

L&T is the first engineering & construction company in India to report on its Corporate Sustainability performance, and among the earliest to state its conformance with the eight missions announced by the Prime


Spouses of L&T employees are the driving force in the community development activities by Ladies Clubs.

Minister of India in the National Action Plan on Climate Change (NAPCC).

At the core of L&Ts continued push towards CSR lies a set of principles which serve as both guide as well as inspiration for the Company to play a more vital role in serving the communities and the environment. If funding initiatives which contribute to social welfare and community development is considered a measure of CSR, then by that count during 2012-13, L&T contributed as much as Rs. 73.04 crore towards causes in four focus areas i.e. education, skill-building, healthcare and environment. However, to define L&Ts CSR mission with stats such as this would be unfair. CSR at L&T is neither driven by an economic necessity nor a forced-upon mandate. Rather it is driven by an evolved ideology of creating shared value, an inherent sense of moral responsibility and a culture of giving back

to the community. After all, we believe that businesses rather than charities can

be more effective in addressing many of the pressing issues facing our society.

On-going interventions in mother and child health by L&T have benefited wide cross-section of the community.

A Tale of Two CSRs

Abbreviations are always tricky in communications. By FM you could be referring to the Finance Minister, while the audience thinks you are talking about radio. IR could stand for Industrial Relations or relations with the body of investors, and KG is a unit of weight as much as the class where we all began the long march of education. But perhaps no short form in recent times has triggered as many waves of misunderstanding and confusion as CSR. Everyone agrees on the C - thats Corporate for sure. It is what follows that has had led to varying interpretations.

We are not authorities on either subject, but from what we have gathered from the experts (our CSR

Dept. at Powai), here is a dollop of gyan. CSR could be Corporate Social Responsibility. Covering all that an organisation does for the community, it includes our various Health Centres, the assistance we provide to schools, our skills-training institutes, etc. The same three letters are also taken to mean Corporate Sustainability Reporting. This means reporting on everything that an organisation does to ensure its sustainability or continued existence.

The definitions get a little clouded here because of an overlap. Correctly interpreted, Sustainability encompasses social aspects within its fold. It forms one side of the sustainability triangle - the other two being Environment and Business Profitability. That is

because the gurus who first conceived Sustainability realised that no organisation can hope to thrive in the long term if it has an unsupportive and hostile community around it (the Naxal issue bedeviling some districts in India is a reminder to all of us that progress needs to be inclusive).

This tale of the two CSRs wont be complete without the postscript that whichever way you interpret it, L&T has an excellent score card in both. We had reached out to society decades ago and across the decades have built a reputation for fair business dealings. As for Sustainability, we were the first company in the engineering & construction space in India to report on our performance.

COVER STORY


Caring Company Award: The World CSR Congress presented L&T with the Caring Company Award for its sustained initiatives in reaching out to the underprivileged.

Top 5 Best Companies to Work For: The annual Business Today-PeopleStrong Survey ranked L&T among the Top 5 Companies to Work For, and the first in the Engineering & Automotive sector. It was also ranked among Indias Top 10 Most Attractive Employers in a survey conducted by Randstad, the leading career advisory services firm.

CII-ITC Corporate Governance and Sustainability Award: L&T Heavy Engineering was conferred with the prestigious CII-ITC Sustainability Award for its sustainability policies and processes at its Hazira Manufacturing Complex.

British Safety Council Award: L&T Powers Rajpura project, Dhuvaran project and L&T MHI Turbine Generators factory got the British Safety Councils Sword of Honour which is one of the most coveted awards in health and safety field worldwide.

Sustainability Vision Award 2013: The Indian Chamber of Commerce (ICC) awarded L&T with the Corporate Governance and Sustainability Vision Award 2013 in the Water Stewardship category.

NDTV Profit Business Leadership Award: L&T won the prestigious NDTV Profit Business Leadership Award in the Infrastructure category. The awards

recognise business leaders whose relentless pursuit of excellence has fuelled Indias journey to the forefront of the world economy.

L&T 4th Greenest Industrial Companies Globally: Newsweek, a global magazine ranked L&T 4th on the list of 500 Greenest Industrial Companies across the globe for its green initiatives and eco-conciousness.

L&T Ranks High in International Emission Disclosure Rankings: L&T has been ranked first in the industrial category in India and second in the same category among BRICS (Brazil, Russia, India, China and South Africa) countries in a study conducted by Environment Investment Organization (EIO), a UK-based organisation.

Among Top 10 Global Innovative Companies: The leading Forbes magazine ranked L&T as the 9 most innovative company in a global study -

ahead of companies like Google. L&T is the only Indian company to feature in the top ten list.

Among Top 10 in Carbon Disclosure Leadership Index: Carbon Disclosure Project (CDP) ranked L&T among the Top 10 companies in its annual assessment of Greenhouse Gas (GHG) emissions and climate change strategies of Indian companies.

Safety Innovation Award: The Delhi State Centre of the Institution of Engineers (India) conferred the prestigious Safety Innovation Award - 2012 on L&T Heavy Engineering in recognition for its high Occupational Health, Safety & Environment standards.

L&Ts Solar Lantern Wins National Good Design Award: D.VA, the solar lantern conceived by L&T won the India Design Mark Award (IMark) by the India Design Council.

Education has been one of thrust areas of L&Ts social initiatives.

Awards & Recognition in the Sustainability Space

COVER STORY


Messages from the Leadership Team


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Our goal is to be a technology-driven organisation by moving up the value chain and by growing in business on a sustainable basis. Sustainability is embedded in our business strategy. Our core values transparency, accountability and ethical corporate citizenship - help us create a larger societal capital. Over the years it has been our constant effort to deliver on stakeholders expectations in an equitable way while proactively addressing environmental risks.

Our commitment to sustainability is reflected in our drive to reduce use of paper and plastics, enhance green cover and sourcing renewable energy through wind farms. This year we continued with multiple change initiatives under ECAS (Enterprise-wide Collaboration for Alignment with Strategy), Employee Engagement, TOC (Theory of Constraints) and Innovation to make our businesses globally competitive.

We lay great emphasis on conservation of natural resources. Significant progress has been achieved in energy and water conservation, renewable energy and carbon footprint reduction at our campuses and project sites. We shall continue to move further in our effort to make sustainability, an integral part of our businesses.

K. VenkataramananCEO & Managing Director

M.V. KotwalWhole-time Director & President (Heavy Engineering)

S.N. SubrahmanyanWhole-time Director & Sr. EVP (Infrastructure & Construction)

(Excerpted from L&Ts Corporate Sustainability Report 2013)


COVER STORY

One feature that distinguishes us from organisations with much shorter life cycles is the core belief of L&T and its employees in making sustainability a way of life. The expression of such belief is reflected in the sustainable practices across all our businesses and our enduring values. These have enabled us to pursue business opportunities steadfastly through varied business cycles, minimise the inherent risks and maximise stakeholder value in the most responsible manner.

The strong values that drive L&Ts corporate governance amply support the Companys sustainable business practices. Added to these are our vibrant human capital and a deep commitment to inclusive growth. We will always strive to ensure that L&Ts way of doing business adds value for its stakeholders.

Innovation is the key to successfully discerning the big growth opportunities within challenges. We foster a culture of innovation which helps us introduce products and solutions that address challenges like resource scarcity, energy efficiency and climate change. Automation and smart manufacturing are not only helping us become more cost-efficient, they are also making us more eco-efficient by optimising our energy consumption and reducing our carbon footprint.

R. Shankar RamanWhole-time Director & Chief Financial Officer

S.N. RoyWhole-time Director & Sr. EVP (Corporate Affairs & Power)

S.C. Bhargava Sr. Vice President (Electrical & Automation)

The plant, located near Nalash village in Patiala District of Punjab, is the first major coal-fired power plant to be owned and operated by L&T through a Special Purpose Vehicle Nabha Power Limited. Coal supply for the Rajpura power plant has been secured through a fuel supply agreement with South Eastern Coalfields. The power generated at the plant will be supplied to the state.

In addition to the supercritical boiler and turbine generator, L&T also supplied balance of plant equipment, electrostatic precipitators, coal and ash handling plants, chimney, cooling tower, control & automation equipment and switchyard.

Speaking on the occasion, Mr. Shailendra Roy said, We are proud to have completed the project on schedule. With this launch, we have demonstrated

our capability of constructing a large supercritical power plant. L&T Power has projects totaling 11000 MW currently

under implementation on EPC basis for different customers in various parts of the country.

INAUGURATION

L&Ts Rajpura Thermal Power Plant Goes on Stream

A panoramic view of the Rajpura power plant.

Punjab Chief Minister, Mr. Parkash Singh Badal, unveils a plaque commemorating the inauguration of the power plant.

The first unit of the 2x700

MW supercritical Rajpura

Thermal Power Plant of L&T

was inaugurated on December

08, 2013, by Punjab Chief

Minister, Mr. Parkash Singh

Badal, at a function attended

by Dy. Chief Minister,

Mr. Sukhbir Singh Badal,

prominent state leaders, senior

officials and Mr. Shailendra

Roy, Whole-time Director &

Sr. EVP (Corporate Affairs &

Power), L&T.


Tapping the Treasure ChestBeneath the Ocean Bed

Global Play

In the last few years, this strategic business group of L&T Hydrocarbon has greatly expanded its global reach. Encouraged by the recent spurt in E&P activities, it has shifted focus to markets witnessing the most action. In the Middle East and

North Africa (MENA) region, it now offers EPC services for fixed offshore platforms, sub-sea pipelines and brownfield modifications for oil companies. Its dedicated offices at Abu Dhabi and Al-Khobar address client requirements for projects in GCC, Iraq, East & North Africa and the Caspian Sea.

In the other regions, viz., South East Asia, Australia, North Sea and West Africa, L&T Hydrocarbon offers EPC services for fixed platform and modular LNG projects. It has demonstrated its capabilities in the South East Asian market through a couple of breakthrough orders with the regions leading E&P companies.

Pictures are expected to say a thousand words. But this one from Sohar sets a new benchmark - it says it all. Sohars portfolio: rig, topside and jacket are on display.

Oil and gas. They can fuel economies, galvanise growth and tilt the equilibrium of power around

the world. L&T Hydrocarbon is playing a critical role in helping global Exploration & Production

(E&P) majors extract and process these precious fluids. In this article we turn the spotlight on the

Upstream segment of L&T Hydrocarbon.

MAIN FEATURE


Offshore Projects in these regions are ably supported by L&Ts state-of-the-art modular fabrication facility at Sohar, Oman, which has all-weather load-out facilities for structures weighing 20,000 MT and more, and a modular fabrication facility at Kattupalli, India, which offers logistical advantages to the South East Asian and Australian markets for load-outs of similar size.

The company is pre-qualified for offshore projects with oil companies in the MENA region, such as Abu Dhabi Marine Operating Company (ADMA-OPCO), Saudi Aramco, Khafji Joint Operations (KJO), Qatar Petroleum, Zakum Development Company (ZADCO), Maersk Oil Qatar (MOQ), TOTAL-ABK, Bunduq, Dragon Oil, PETRONAS Carigali Turkmenistan Bhd (PCTSB) and Mellitah Oil & Gas Libya.

In the other regions, the Company is approved / pre-qualified by E&P majors

such as Shell, ExxonMobil, Chevron, ConocoPhillips, TOTAL, PETRONAS, PTTEP, Apache, Eni, and is also included under Achilles Joint Qualification System and FPAL as an EPC contractor to the oil & gas industry in the North Sea.

Floating SystemsL&Ts Floating Systems Business Unit (FSBU) offers a single-point solution for floating systems like offshore drilling rigs, FPSOs and semi-submersibles. Integrating L&Ts extensive engineering resources at Bengaluru, Faridabad, and Chennai for design & detail engineering, and the expertise developed over the past two decades by executing mega offshore projects, the BU is capable of constructing modern jack-up rigs and semi-submersibles on turnkey basis, and manufacture and integrate topsides for FPSOs and future FLNGs at its Oman and

Kattupalli Yard facilities. L&Ts work centres at Mumbai and

Abu Dhabi undertake complete project management, procurement, QA / HSE and the coordination necessary for such projects, including transportation, installation and commissioning.

Subsea SystemsL&Ts Subsea Systems Business can undertake a range of turnkey solutions for deepwater exploration and production in collaboration with leading service providers in this segment.

L&Ts rich experience of executing challenging offshore oil & gas projects for national and international oil companies provides the ideal platform to develop indigenous capabilities in deepwater field development projects. In addition to leveraging its competencies in project management, precision manufacturing,

L&Ts load-out facility at Hazira in India.

MAIN FEATURE


installation and commissioning of large and complex offshore facilities, L&T has entered into partnerships with key technology providers of deepwater engineering and installation services.

L&Ts offerings comprise concept studies, FEED, detailed engineering, procurement , installation and commissioning. Additionally, L&T has made substantial investments in engineering and EPIC of subsea production systems for deepwater installation, testing and commissioning through technical collaboration and partnerships with proven players in the arena. The Company is Indias first engineering & construction company to invest in OLGA Version 6, a specialised flow assurance software. Similar initiatives, coupled with the services of L&T-Valdel, enable L&T to offer engineering services across the entire spectrum of subsea development and the value chain.

Modular Fabrication Facilities

The capability to carry out modular fabrication complements L&Ts broad range of offerings for the hydrocarbon upstream sector. L&T has three modular fabrication facilities - each strategically selected for proximity to major oil & gas fields and allied maritime infrastructure.

Located on the Tapti river at Hazira near Surat, L&Ts Hazira Modular Fabrication Facility (MFF) has unimpeded passage to the Arabian Sea 8 km away. Set up in 1988, it has set multiple benchmarks in fabricating and loading out offshore / onshore oil & gas structures for ONGC and other oil & gas majors. With an annual fabrication capacity of 50,000 MT, L&T MFF Hazira is capable of manufacturing several large modules simultaneously. It is also equipped to undertake mechanical

design of modules including structure, piping, pressure vessels, fabrication and construction engineering. Fabricated modules are tested and pre-commissioned at MFF for trouble-free rapid hook-up. L&T MFF-Hazira holds the unique distinction of being green banded by Shell as part of their global pre-qualification process.

L&Ts Modular Fabrication Yard (MFY) at Sohar, Oman is located in what is termed as the gateway to the Gulf, in proximity to the ports of Muscat and Dubai. The largest facility of its kind in Oman, L&T MFY has an all-weather captive jetty with break water. It is geared for fabrication and load-out of complex onshore and offshore modules like integrated process platforms, well head platforms, large jackets, living quarters modules, compressor and GTG modules, PAU, PAR, PAM modules, jack-up rigs & LNG modules.

L&Ts latest facility, the Modular Fabrication Facility, Kattupalli is located

Aerial view of the mega MHN process platform and living quarters project executed by L&T for ONGC in Mumbai High North Field.

MAIN FEATURE


near Chennai along the east coast of India. The yard is part of L&Ts sprawling 1200-acre marine complex which lies in a Special Economic Zone that includes L&Ts shipbuilding and ship-repair yard, deep water port as well as a freight container station. The spectrum of capabilities covers offshore platforms, floating production-cum-storage units and products / systems. Since tidal variation is minimal, Kattupalli allows for year-round load-out and sail-away. Given the size of the campus and its location, Kattupalli is geared to fabricate deep-water floating and modular units. It has already been qualified by international companies like Chevron, Petronas, Total & others to undertake work for their projects.

Upstream Engineering Services

Since its inception in 2004, L&T-Valdel Engineering Limited (LTV) has emerged

as a comprehensive engineering solutions provider for the Upstream Oil & Gas sector. Having executed complex engineering assignments in the areas of Concept, FEED, Basic & Detail Engineering, 3D Model-based Concurrent Engineering, Procurement Engineering and Project Management, LTV offers customers an unmatched value proposition by integrating best practices with innovation.

With its offices located at Bangalore, Faridabad and Chennai, LTVs expertise and capabilities in Process, Piping, Pipelines, Structural & Naval Architecture, Mechanical Equipment, Electrical & Instrumentation and Project Management enable high quality engineering solutions.

Offshore Installation Services

To cater to the offshore oil & gas industry, L&T and SapuraCrest Petroleum Berhad (Sapura Crest) of Malaysia formed a

joint venture - L&T Sapura - to build and operate the new generation self-propelled heavy-lift cum pipelay vessel - LTS 3000. The joint venture provides high-quality services of installation of platforms and pipelines across India, the Middle East, South-East Asia, Australia and the Sakhalin region.

In the short period since its inception, LTS 3000 has installed more than 45 offshore structures (jackets, topsides, etc.) and 80 km of sub-sea pipelines at various oil fields in Malaysia, India and Myanmar for projects of Petronas, Shell, Exxon Mobil, ONGC, PTTEPI, etc.

L&T Hydrocarbons Upstream Strategic Business Group has emerged as a strong contender which can offer world-class offshore EPC services. Its comprehensive capabilities and proven track record backed by an uncompromising stance on quality, safety, and timely delivery make it the ideal choice for global E&P firms.

L&Ts heavy-lift cum pipelay vessel, LTS 3000, lifting a topside for installation.

MAIN FEATURE


Zawtika Development Project, Phase 1A marked L&T Hydrocarbon Upstreams entry into the South East Asian offshore market. The project was awarded in May 2011 by PTT Exploration and Production Public Company Ltd, Thailand, one of the most prestigious and respected client in the region. With the order value at around quarter billion US Dollars, Zawtika Development Project Phase 1A is a giant step towards L&Ts internationalisation plans.

The project scope included complete engineering, procurement, fabrication, installation, pre-commissioning and offshore hookup of 3 Wellhead Platforms and laying of 21 km of intrafield sea lines. This involved ~37,000 MT of fabrication. The entire installation was to be completed in a phased manner from November 2012 to April 2013.

The fast track schedule of 24 months for the project posed a major challenge during the various stages of project supply

chain. It required seamless coordination between different project disciplines to ensure availability of deliverables as per preset targets.

L&T Valdel, Bengaluru, carried out the detailed engineering for the project. Since the field was in high seismic zone, high end seismic analysis had to be carried out to ensure the integrity of structure in earthquake conditions. Also, Rare Intensity Earthquake analysis, involving nonlinear mathematical modelling using

Conquering the Zawtika Challenge

The Zawtika platform in the seas off Myanmar.

Awarded to L&T by PTT Exploration and Production International (PTTEPI), Thailand, in July 2012,

the EPCIC contract for Zawtika Development Project, Phase - 1A, involved engineering and design

of three Wellhead Platforms and Intra-field Sealines. The location: The Zawtika Block M9 Gas Field

located in the Andaman Sea off Myanmar.

MAIN FEATURE


data for 2000 years return period, had to be carried out. The lean jackets had to be designed to withstand deflections of up to 2m at the topside in RIE conditions. Other challenging requirements during the design stage include Materials & Corrosion testing of highest standards and complex safety studies like CFD (Computational Fluid Dynamics) explosion modelling. To accelerate deliveries, high end engineering was carried out using Finite Element Analysis.

Fast track schedule, obligation of adhering to approved vendor list, overhang of international sanctions on supplies to Myanmar and stringent material testing requirements posed major challenges in sourcing materials in-time for the project. However, thanks to L&Ts extensive network of suppliers around the globe and adoption of some innovative procurement strategies, these challenges were overcome, ensuring that the delivery of materials and equipment did not constrain fabrication progress in any way. The majority of the structural steel was ordered from Korea. The key topside equipment - Test Separators, Pig Launchers, Utility Gas Scrubber, Closed Drain Pumps, Corrosion Inhibitor Injection Pumps, Diesel Transfer Pumps, TEG Gas Conditioning Skids, Solar Power Systems, Pedestal Cranes, Utility Water Storage Tank, Wellhead Control Panels, Portable Diesel Generators - were purpose-designed and procured from vendors around the globe. The platforms are powered by new Thermo Electric Generators (TEGs) which had to be sourced and integrated into the design from a vendor in Canada.

The concurrent fabrication of three jackets, longest one being 172 m & topsides in a record time of 13 months with stringent governing specs was a mammoth task to be accomplished. This complex fabrication was carried out at L&Ts Modular Fabrication Yard at Sohar, Sultanate of Oman. 24 single-piece piles with record length up to 143 m, weighing around 430 MT each, were

fabricated at L&Ts Modular Fabrication Facility at Hazira, India. Precise planning, engineering, synchronised teamwork and coordination across the facilities helped

get all structures and topsides ready ahead of schedule. The three large jackets fabricated simultaneously were loaded out by innovative skidding methods. More

3D model of the Zawtika Wellhead Platform.

ZWP1 Jacket being towed to Myanmar waters.

MAIN FEATURE


Transportation of WP3 on self propelled barge.

than half a kilometre long skid tracks were engineered and installed at the yard on which the three jackets were constructed making it a rare event as very few yards in the world would have this unique accomplishment. Ensuring safety of 3000 workmen during the peak of the project was a task well accomplished.

Owing to the large size of the structures and long tows involved in the project, detailed studies of ocean transportation were carried out and suitable barges/tugs were brought in and out from all over the world. A truly imagineering idea of using self propelled barge as against the conventional barge & tug arrangement for transportation of topsides reduced transit duration considerably. The transportation of 24 nos. single-piece skirt piles up to 143

m length was also a challenge. The 400 class flat top barges had a 27 m. overhang, requiring a special cradle arrangement.

The structures were transported over 3000 nautical miles across the Indian Ocean, Arabian Sea and the Bay of Bengal to the Gulf of Mottama. The proximity of the transit to pirate infested Gulf of Aden required deployment of armed guards to ensure safety of the structures. Needless to mention such long journeys required exclusive transportation fatigue analysis of the structures to be performed.

L&T leveraged its in-house installation capabilities to undertake the transportation and installation campaign. The installation of structures was carried out by L&Ts own installation cum pipelay vessel LTS 3000. Being one of the first

contractors to mobilise in the virgin field, L&T faced numerous challenges including hard soil conditions. The long length of the piles required dynamic pile upending method for installation. Managing safety in a multilingual, multicultural environment at offshore, with Indian, Thai, Indonesian, Singaporean, Malaysian, Burmese, British and American nationalities was another challenge of its own. L&T achieved more than 4 Million LTI Free Manhours.

L&T has successfully installed all the structures in Myanmar waters as per agreed schedule. Zawtika is yet another feather in the hat of L&T Hydrocarbon and a humble start to its journey of expanding in South East Asia.

MAIN FEATURE


Mr. U. Dasgupta, Sr. VP & Head-Hydrocarbon Upstream, and Mr. K. Ravindranath, EVP & Head-Hydrocarbon Mid & Downstream, released the Sustainability Report 2013 for L&T Hydrocarbon in Powai on December 23, 2013. The function was attended by L&T Hydrocarbon Leadership team, Hydrocarbon Sustainability Council Members, and other dignitaries.

In his keynote address, Mr. Dasgupta said that the event was a major occasion for L&T Hydrocarbon. He appreciated the initiative of coming up with the report in the very first year of the formation of L&T Hydrocarbon Engineering. He dwelled on

Global Reporting Initiatives and stressed on the concept of AIM which stands for Acceptable, Impact and Materiality. In his closing remarks, he emphasised that business strategies should be prepared such that they integrate sustainability practices into business seamlessly.

Elaborating the theme of the report Beyond Boundaries, Mr. K. Ravindranath said that every employee should look at contributing to the Companys sustainability efforts. Noting that L&T Hydrocarbon, through its Research & Development, had contributed to pollution free sulphuric acid plants way back in 1980s, he said that the

sustainability initiatives carried out within the Company and on the outside need to be highlighted and case studies need to be prepared in a bid to set examples for others to follow.

Mr. P.S. Kapoor, VP & Head-F&A, said that now is the time to adapt to the changing legal scenarios in India with Companys Bill 2013 coming into force. He highlighted some of the major implications of the Companys Bill 2013 for L&Ts businesses.

Mr. Sanjay Kothary, VP & Head-Corporate Centre, stressed on the fact that since oil & gas business is perceived to be a business with a considerable impact on the environment, there is a greater need to understand the significance of social and environmental issues, besides increasing profit and shareholder value.

It is a myth that sustainability practices are expensive and increase cost, revealed Mr. Sidharath Tuli, VP & Head HR. He said that sustainability, when implemented innovatively and judiciously, results in lower costs. He also stressed on the need to ensure necessary organisational resources to comply with the requirements of the Companys Bill.

The release was preceded by a brief presentation on the performance of L&T Hydrocarbon during 2012-13 by Ms. Digantika Ghosh.

The event concluded with an address from Mr. Jeewan Mahadik, Head-HSE & Sustainability Coordinator. He highlighted the key issues in sustainability for Hydrocarbon Business and also shared the way forward for the Company.

The event was followed by an online tree plantation ceremony.

L&T Hydrocarbon Releases Maiden Sustainability Report 2013

LAUNCH

Mr. U. Dasgupta & Mr. K. Ravindranath releasing L&T Hydrocarbon Sustainability Report along with Mr. Jeewan Mahadik.


L&T Steals the Show at Excon 2013; Puts on a Dazzling Display of Komatsu MachineryAt Excon 2013 -- South Asias biggest Construction Equipment and Construction Technology

trade fair -- held recently in Bangalore, L&T made a splash with a remarkable display of Komatsu

machines at its pavilion. For five days, between November 20-24, 2013, visitors flocked to L&Ts

stall to catch a glimpse of the best-in-class construction equipment and machinery from one of the

worlds leading suppliers.

Held at the Bangalore International Exhibition Centre, the seventh edition of Excon saw more than

730 exhibitors from 18 countries including Germany, Japan, Italy, Turkey, Sweden and China.

DAZZLING SHOW

L&Ts magnificent stall at EXCON 2013.


L&T Pavilion which was located in the outdoor area no. 78 & 79 had an imposing stall fully furnished with a mezzanine floor and an area carved out separately for machine display. A viewing gallery at the mezzanine level gave a stunning view of the show and an exclusive theatre room set up to showcase films on KOMTRAX the exclusive and user-friendly feature on Komatsu PC210 machine that helps customers track the machine and monitor its performance online added to grandeur of the pavilion.

A separate Parts Room had an array of Komatsu Genuine Parts on display, which customers could touch-and-feel. Reconditioned engine and pumps re-done at L&Ts chain of Service Centres located across India were also showcased at the stall.

The L&T pavilion had as many as 15 machines on show. Komatsu PC210LC with Superlong attachment which finds applications in irrigation and ditch cleaning activity was the cynosure of all eyes at the exhibition. Other hydraulic excavators on display included Komatsu PC210LC-HD for quarry application, PC71/PC130 Standard and Quarry variants, PC300LC, PC300LC-Mighty for the marble segment and PC450 models. The quarry variants have been developed especially with reinforced structures, toughened undercarriage and improved safety features. D85 Dozer and GD555 Motor Grader were also on display. L&T 9020 Wheel Loader, L&Ts own product developed with in-house technology attracted a lot of interest from customers.

L&T provided an exclusive area in the pavilion for Scania participation with P410 18.8 CuM Tipper Truck on display. L&T distributes the tipper trucks in Indian market manufactured by Scania, the leading truck brand from Sweden. Scania Tipper Trucks coupled with Komatsu PC450LC excavators, are quite popular in the mid-mining segment among private contractors.

Mr. J.P. Nayak, Non-Executive Chairman of MIP IC; Mr. S. Raghavan, Advisor to Chairman and Head-MIP; Mr. S.R. Subramanian, Executive Vice-President and Head-Machinery; and Mr. Arvind K. Garg, Vice-President & Head-Construction & Mining Machinery Business, led the companys participation in the exhibition and were

present at key handing over ceremonies. Mr. S.K. Mittra, Technical Advisor to Machinery SBG Chairman, also took part in the event. Mr. Kiyoshi Mizuhara, Managing Director, Komatsu India Pvt. Ltd., and Mr. Anders Grundstromer, Managing Director, Scania CV India Pvt. Ltd. attended the exhibition along with their teams.

Above: Mr. S. Raghavan handing over a memento to Mr. V. Prabhakar Reddy. Mr S.R. Subramanian is seen at left. Below: Mr. K. Mizuhara, MD, Komatsu, and Mr. Arvind K.Garg, VP-CMB, L&T, handing over the symbolic key to a customer.

DAZZLING SHOW


LIMELIGHT

L&T Construction and Mining Machinery Business crossed a significant milestone recently when it handed over its 100th L&T 9020 Wheel Loader to M/s. SRL Group, Durgapur. The 10th such unit to be inducted in SRLs fleet, 9020 Wheel Loader is fast becoming a favourite with the customers.

Manufactured indigenously by L&T at its Kansbahal Works, Orissa, the 9020 Wheel Loader is the result of L&Ts cutting-edge technological innovation and its unparallel in-house engineering capabilities. Whether one talks about its exceptional load carrying capacity, power, speed, or productivity, L&T 9020 is miles ahead of competing products.

The Wheel Loader was conceived and developed in-house at L&Ts Product Development Centre - Coimbatore in 2009. Initially rolled out in 2011, the machine was subjected to gruelling performance trials at various job sites as a means of testing the waters. The feedback received from the customers

and L&Ts own teams in the field led to a number of product improvement activities which refined the offering further. In the short time that the machine has been in the market, it has already carved a niche for itself by outperforming its peers by a considerable margin. Today, the loader finds application in material handling

at ports, coal dumps, limestone quarries and cement plants.

The 100th machine purchased by SRL Group not only speaks of its usability and but is also a manifestation of the confidence customers have in the magnificent mechanical marvel that is L&Ts 9020 Wheel Loader.

Prolific, Powerful, and Productive 100th L&T 9020 Wheel Loader

100th L&T 9020 Wheel Loader being handed over to the executives from SRL Group.

Wheel Loader in action at a worksite.


ON SITE

Larsen & Toubro Heavy Engineering LLC (L&T HE LLC) has completed yet another landmark in the field of critical pressure vessel manufacturing in Oman with the dispatch of six sets of Steam Accumulators each made of 106 mm thick low alloy steel and weighing 260 MT. Part of a larger order of 19 sets totalling 5000 MT, the shipment of this critical equipment is Omans contribution towards the construction of a large solar power plant in South Africa.

The Steam Accumulators are high pressure vessels being manufactured with a critical grade of quenched and tempered steel, the likes of which are used in the manufacturing of critical equipment for nuclear power plants. The company plans to deliver all 19 sets within a record span of just 11 months.

L&T HE LLC which won the order against stiff global competition from South Korean and European fabricators, despite the vast scope of the project and stringent delivery timeline has been able to rise to the occasion through various innovative techniques in the field of manufacturing, welding, inspection, logistics and planning. The company partnered with Lift & Shift EME LLC for transportation of this heavy consignment from the workshop to Sohar Port.

The project has come as a great boon for Oman which in the recent years has been looking to promote its non-oil sector exports. It has contributed greatly to the development of local industry and offered much needed experience and exposure to a young and talented Omani workforce, lending them valuable insights

in the areas ranging from supply chain management to logistics to innovative manufacturing techniques and critical equipment inspection.

L&T HE LLC through this project has already put Sohar on the world map as a hub for critical equipment manufacturing and helped promote the Made in Oman brand aggressively in the global arena.

L&T HE LLC was established in 2008 as a joint venture with The Zubair Corporation of Oman and L&T. A pioneering venture in the GCC region, the world-class plant is equipped to manufacture critical high technology reactors, pressure vessels, column heat exchangers for refineries, petrochemicals, fertiliser projects and other process industries.

L&T Heavy Engineering - Oman Makes South African Debut

Steam Accumulators ready to be dispatched to South Africa.


He has the bearings of an academic, a professor of mathematics perhaps. You wouldnt really peg him as the head of a large realty firm if you met Mr. Shrikant Joshi in a crowd. That is until you start talking real-estate with him. A minute or two into the conversation and you will quickly realise why Mr. Joshi is currently the Chief Executive of L&T Realty and how he is breaking new grounds (quite literally) and helping the firm carve out a niche for itself in the increasingly crowded real-estate market that is India.

In the two-and-a-half years that Mr. Joshi has been at the helm of affairs, L&T Realty has grown rapidly with a number of marquee projects either already launched or fast reaching that stage.

Born and raised in Bhilai, a small town in Chhattisgarh, Mr. Joshi could have taken the easy way out after earning his

B-Tech from IIT-Delhi and gone abroad in pursuit of a well-paying job. He didnt. Mr. Joshi figured hed make something of himself in India than on foreign soil. Perhaps it had something to do with his small town values and his strong sense of belonging here.

After IIT-Delhi, Mr. Joshi enrolled himself for a management programme at IIM-Ahmedabad and two years later, in 1983, landed his first job as a management trainee at an FMCG firm. He spent the next thirteen years of his professional life in a variety of roles at the company. As his career blossomed and professional reputation grew, over the next decade, Mr. Joshi took on senior roles at a leading electronics firm, an FMCG company and an IT Services firm where among other things he turned around the companys loss making broadband business into a profitable entity within 24 months.

Having begun his career in FMCG and spent a number of years in the industry, Mr. Joshi had never expected to work in real estate. As a career choice, it seemed so far off that it didnt even figure on his radar. However, all that changed in 2006 when a Dubai-based real estate developer called on Mr. Joshi to spearhead its joint venture foray in India. Although he had never worked in realty, the idea of seeing an empty piece of land being transformed into beautifully landscaped corners with tall, gorgeous structures hit home and soon Mr. Joshi was baptised in the business. A slew of projects followed and his strong leadership skills and business acumen coupled with his old fashioned grit and rectitude helped the JV gain a strong foothold in the Indian realty market.

Mr. Joshis reputation grew exponentially and five years later, at the

People Queue Up to Buy L&T Properties Because They Trust the Brand- Mr. Shrikant Joshi

LETS MEET

Realty is our proverbial new

kid on the block. Like all new

kids, it is savvy, smart and

constantly on the go. L&T

Realtys Chief Executive, Mr.

Shrikant Joshi, is also always

on the move.

News & Views caught up with

the quick paced Mr. Joshi for

our Lets Meet column.


end of a particularly hot summer in June 2011, he joined L&T Realty as the Chief Executive and was entrusted with the then four year old firms future.

Mr. Joshis brief stint, thus far has been impressive. But Mr. Joshi, ever the go-getter, is not resting easy and is busy setting the agenda for the Company for the next 2-3 years. This includes implementing new processes, streamlining operations, consolidating the firms presence and breaking into newer geographies among other things.

Mr. Joshi believes that the next 2-3 years will prove crucial to the Companys future. The next couple of years will be about us living up to the expectations of the customers and stakeholders alike. People queue up to buy L&T because they trust the brand and we have to make sure that we uphold that trust.

He says that as the Company starts to hand over properties, it will have to ensure that it delivers the quality and the finish that people have come to associate with L&T. Also, as L&T Realty expands the scope of its operations and moves into newer geographies, it will have to look for like-minded partners who believe in the values which L&T lives by. We cant jeopardise what we hold so dear merely to make some profits, he adds.

Mr. Joshis guarded approach perhaps has to do with the fact that he doesnt want to make L&T Realty the largest or the biggest firm out there (at least not yet). Rather, the strategy is to carve a niche for the Company in the upper-middle segment of the market by making big bets and executing a limited number of high quality projects over a 4-5 year horizon. The way he sees it, theres little competition at that level.

So does it mean that L&T Realty will only cater to the buyers willing to pay a premium?

Mr. Joshi says that right now, for L&T its all about choosing its projects carefully and identifying the sweet spots for itself. So whereas in Mumbai the Company may offer something in the Rs. 15-20

thousand price-band which is upper-middle segment of the market, in places like Chennai the company is offering flats in the Rs. 4-5 thousand bracket, something that can be categorised as fairly affordable.

The immediate plan for L&T Realty also includes rationalising its current portfolio and exiting from the non-core business of running malls and hotels. That said, Mr. Joshi appears fairly bullish

on other sub-segments of the commercial market. He believes that while it may be in the pits right now, the trend is mostly cyclical in nature and that in the longer run the commercial segment gives much needed sustenance in the form of standard annuity of profits which can be made off of rental properties.

For a business leader, there are few skills more valuable than being able to unlock value in places which others might readily overlook. Mr. Joshi thrives on this trait and attributes it to his ability to accurately assess the commercial realities, see the big picture and identify untapped and emerging opportunities.

His 30 odd years spent as a business executive in a variety of roles across industries have also taught him much about the virtues of patience and the need to take people along. Mr. Joshis business mantra is all about keep doing what is expected of L&T Realty and staying the course. You cant learn some of these things in business school things like extracting the best out of the people you work with, getting along with them and taking them along. It takes years of experience and a lot of grey hair,

he says smilingly. Understanding people is an important part of doing business, perhaps even more so in realty where there are so many people involved at every stage. To do this you also need to be able to communicate effectively.

Whether at work or at home, passion plays an important part in his life. It is perhaps his most visible attribute. It is what defines me, confesses Mr. Joshi. How can I ever hope to inspire others

if I lack the drive within myself? I dont think that a business leader can be chased or hounded to work. The fire has to come from within and thats where the passion plays an important role.

The untethered manner in which he speaks also plays its part too.

But is there more to him than work and his job? Does his passion spill over into his personal life too and does he ever get to switch off from work and unwind? Well switching off is not really an option, but it doesnt mean that I dont indulge in any hobbies, replies Mr. Joshi.

A cricket fan, Mr. Joshi says that he never misses a chance to watch a good game of cricket on TV if he can squeeze it in his schedule. His current favorite on TV is a courtroom drama called The Practice. Outside of his busy work-life and these small indulgences, Mr. Joshi gets very little time to do much else but whenever he does, Mr. Joshi says that he scribbles poems in Hindi.

But lets save that for another day.

LETS MEET


For a business leader, there are few skills more valuable than

being able to unlock value in places which others might readily

overlook. Mr. Joshi thrives on this trait and attributes it to his

ability to accurately assess the commercial realities, see the big

picture and identify untapped and emerging opportunities.

If companies were people, L&T would have got Danish citizenship a long

time back. We have strong Danish roots and are very closely connected

with the Nordic region. Our growth is a story of innovation, enterprise and dedicated service. Most of all, its the story of commitment, said Mr. K. Venkataramanan, CEO & MD, L&T, at the DI Business Summit, Copenhagen, while addressing an audience comprising 1200 CEOs of Danish/European companies, and prominent politicians including the Danish Prime Minister, H.E. Helle Thorning-Schmid.

The DI Summit 2013 titled New Nordic Approach was organised by the Confederation of Danish Industry on September 24, 2013. The aim was to assess the strengths of Nordic countries to be competitive in a new era where the economic and political balance of power has shifted.

L&Ts Crescent Bay project has won the Best Residential Project of the Year - West India Award instituted by Franchise India & Estate World magazine.

The award was presented at the 6th edition of the Estate Awards 2013 in Mumbai on December 17, 2013.

Crescent Bay is a marquee project being developed by L&T Realty in collaboration with Omkar Builders. This 2.6 million sq ft gated complex is located in the central yet largely residential district of Parel in Mumbai. Within the imposing towers are 2, 3, and 4 bedroom residences. Designed by renowned international architects and landscape designers, every aspect of this residential complex is as charming as it is functional.

L&T Realty, wholly-owned subsidiary of L&T, also won the Best Use of

Technology of the Year - West India for Pragati, the SRA buildings at Parel.Earlier, L&T Realty was awarded the title of the Best Construction Company of the Year 2013-14 for its outstanding contribution to the growth of the real

estate sector in North India by Franchise India & Estate World magazine.

Also, L&Ts Elante Mall at Chandigarh has won the Most Preferred Shopping Mall of the Year Award.

DI Business Summit 2013 Focusses on New Nordic Approach

Crescent Bay Wins Best Residential Project of the Year Award

Mr. K. Venkataramanan addressing the gathering at the DI Business Summit.

Mr. K. Mukundrajan, GM-Engineering, Mr. Rajendra Godbole, Head-Architecture (Cluster II), Parel, Mr. S.N. Seth, VP-L&T Realty, and Mr. Sunil Godbole, DGM-Structural Engineering, with the trophies.

Gallery


L&Ts Modular Fabrication Facility (MFF Hazira) has been awarded the First Prize (Platinum Award) for Safety Systems Excellence for Manufacturing by the Federation of Indian Chambers of Commerce and Industry (FICCI) for 2013.

The award was received by Mr. H.T. Naik, Head, MFF-Hazira, from Mr. Kodikunnil Suresh, Minister of State for Labour & Employment, Government of India, along with Mr. V. Perumal, Head-HSE, MFF-Hazira and Mr. Naresh Dhir, Manufacturing, MFF-Hazira.

This award assesses the robustness of the safety system in manufacturing set ups, which are then used for benchmarking exercises. In 2013, more than 107 companies in the manufacturing sector participated in the contest and L&T MFF-Hazira ranked first. The jury was chaired by Mr. R. Chidamabaram, Principal Scientific Advisor, Government of India.

L&T MFF-Hazira is one of the largest modular fabrication facilities in South Asia with a capacity of more than 45,000 MT of modular fabrication per annum.

It caters to global oil & gas industry, both upstream (exploration & production) as well as mid & downstream (refining, gas processing, petrochemicals).

Hazira Modular Fabrication Facility Wins FICCI Safety Systems Excellence Award

Mr. H.T. Naik and his team receive FICCI Safety Systems Excellence Award from Mr. Kodikunnil Suresh, looked on by Mrs. Naina Lal Kidwai, President, FICCI.

L&Ts Unnati building based at Mahape, Navi Mumbai, has been awarded Leadership in Energy and Environmental Design (LEED) Gold certification by the U.S. Green Building Council. LEED is the worlds preeminent certification program for the design, construction and operation of high-performance green buildings. LEED certification encourages energy efficient, water conserving buildings that use sustainable or green resources. A number of initiatives had been taken at the building for reducing energy and water usage, preserving natural resources and creating a healthy work environment for the employees.

L&Ts Unnati Building Receives LEED Gold Certification

Gallery


EMpower, L&T Infotechs SAP-Human Capital Management (HCM) implementation, was adjudged the Best Run HR Implementation at SAP Indias recently concluded ACE Awards 2013.

EMpower, which is the companys internal HR portal, runs on SAP HCM ECC 6.0, and went live on January 23, 2013. A total of 5 HCM modules, covering 16 process areas, were implemented in EMpowers Phase I which included Recruitment, Personnel Administration, Organisation Management, Time Management and Employee/Manager Self Service (ESS/MSS) processes. Prior to the implementation, a detailed study was conducted for internal and external benchmarking of each process and a process wish list was generated based on user inputs. While implementing EMpower, the L&T Infotech team defined an ETL Strategy for complete data migration that helped in reduction of efforts from 5 weeks to 4 days. The

implementation team also used L&T Infotechs proprietary tools such as EZ CUTOVER to enable reuse of migration objects; CODE REO to help improve program efficiency.

The award was received by a team led by Mr. Rishikesh Joshi, Head-Corporate Services, L&T Infotech, and Mr. Pradeep Pathak, Operations Head-SAP Practice, L&T Infotech, at a glittering event held

in Mumbai on October 17, 2013.Additionally, L&Ts Electrical & Automation Business (E&A) received the jurys special recognition for its SAP-PLM (Product Lifecycle Management) deployment. SAPs Product Lifecycle Management 7.1 implementation at E&A replaced the existing PTC Windchill Product Data Management (PDM) system. L&T Infotech was also recognised as the implementation partner for this project.

L&T Infotech and L&T E&A Win Big at SAP ACE Awards

The triumphant L&T Infotech team with the trophy.

Gallery

American Concrete Institute Honours Mr. V.B. Gadgil with Lifetime Achievement Award

The American Concrete Institute (ACI) has honoured Mr. V.B. Gadgil, Chief Executive & Managing Director, L&T Metro Rail (Hyderabad), for demonstrating effectiveness and distinction in the field of Infrastructure Development with a lifetime achievement award. The award was presented by Dr. Anne Ellis, President, ACI, on the occasion of R.N. Raikar Memorial International Conference & Dr. Suru Shah Symposium on Advances in Science & Technology of Concrete that was held in Mumbai on December 20 & 21, 2013.

Mr. V.B. Gadgil receives the American Concrete Institutes Lifetime Achievement Award from Dr. Anne Ellis.


Gallery

L&T has won the coveted Top Infrastructure Company award in the category Construction - Infrastructure Development - (Large) at the 3rd Dun & Bradstreet (D&B) Infra Awards 2013, held in Mumbai on October 29, 2013.

L&T Infrastructure Development Projects Limited (L&T IDPL), the wholly-owned subsidiary of L&T, won the D&B Infra Awards for the Ahmedabad-Maliya Tollway. It was selected as the Best Project in three categories, viz., Roads & Highways, Public Private Partnership, and Environmental Sustainability.

This is the third consecutive year that L&T IDPL has won honours from D&B.

L&T Wins D&B Top Infrastructure Company Award; L&T IDPL Scores a Hat-Trick with Three Best Project Awards

L&T and L&T IDPL officials with D&B awards trophies: (left to right): Mr. Rajmohan R., Manager Corporate Communications, L&T IDPL; Mr. Manoj Singh, Cluster Project Head - Roads & Bridges (West), L&T IDPL; Mr. Dip K. Sen, EVP & Head Transportation Infrastructure, L&T Construction; and Mr. Niraj Kumar - Dy General Manager Projects, L&T IDPL.

L&T Led Consortium to Convert ONGCs Jack-up Rig into MOPU

An L&T led consortium has been assigned the task of converting Jack-up Rig Sagar Pragati into a Mobile Offshore Production Unit (MOPU) by ONGC. The order is valued at about USD 170 million. This is the third such order for L&T Hydrocarbons Floating Systems Business Unit which offers Offshore Drilling Rigs and Floating Production Units, both new-build and conversion.

L&T as consortium leader will be responsible for complete supply, integration and offshore hook-up & commissioning of the process facilities comprising Gas Compression, Dehydration, Produced Water Treatment and Power Generation. Work will be carried out from L&Ts fabrication facilities at Hazira, engineered by L&T-Valdel and supported by other L&T work centres.

Pipavav Defence and Offshore Engineering Company will be responsible for dry-

docking repairs & refurbishment of the jack-up including hull, legs, marine systems and accommodation block. This

project will be the first such conversion of a Jack-up Rig into an MOPU carried out entirely in India.

Contract signing for Sagar Pragati conversion: (Right) Mr. A.K. Tewari, Group General Manager (Materials Management), ONGC and Mr. Virinder Miya, Sr. Deputy General Manager, L&T Hydrocarbon (middle), exchanging the contract documents. Mr. Sushobhan Chowdhury, Vice President - Pipavav Defence and Offshore Engineering Company, is at left.


Gallery

With a view to ensure better coordination among the members of the team assigned to Y3DC project and improve stakeholder interaction and interface management so as to complete the task successfully on time and budget, a teambuilding workshop was organised by the Learning & Development team of HMD-HR, Vadodara. The workshop, organised between October 25-27, 2013, at L&Ts Leadership Development Academy (LDA) in Lonavala, witnessed participation by 53 key stakeholder representatives across PDO, and HMDs Engineering and Project Management team with associated competency centres.

Y3DC or the Yibal third stage depletion compression project at the Yibal-Natih gas reservoir in Oman is intended to boost reservoir pressure. Yibal-Natih is a sweet gas reservoir with recoverable reserves estimated at 90 per cent. It has been in production since 1972 and undergone a series of expansions to accommodate increasing demand for gas over the years.

The project which is already underway involves multiple stakeholder groups. Stringent timelines and project requirements demand that these stakeholder groups work in tandem, leverage each others strengths, optimise resources, and help each other overcome hindrances to achieve the final objective. To this end, a prior interaction was carried out with these stakeholder groups and based on the inputs received, the contents of the workshop were finalised.

The workshop formally began with Mr. Sandeep Dipankar, HMD-HR, welcoming all the participants and Mr. Abhilash Verma, Project HSE Manager, sensitising the participants about the criticality of safety through a film.

This was followed by Mr. Ahmed Al-Barami (Company Representative, PDO),

Mr. S.D. Navare (Project Sponsor, HMD) and Mr. N. Shankar (Project Manager, HMD) sharing their thoughts on the key challenges of the project as well as their expectations from the team.

The workshop comprised a number of team building exercises as well and multiple outdoor activities, covering the span of LDA. These were very specifically designed for the participants to work in a fail-safe, experiential environment. The objective of these activities was to sensitise the participants to some crucial aspects of working in a high performance team. Debriefing sessions included crucial feedback and valuable learnings for the

entire group. A key component of the workshop design was a project specific table discussion, that enabled the client, engineering and project management stakeholders to state their own key deliverables envisioning the successful completion of the Y3DC project as well as expectations from other stakeholder groups to be able to achieve them.

The output of this table discussion served to create a mission statement for the project. The medley of classroom and outdoor activities, coupled with equally crucial leisure and entertainment activities made for engaging interactions between the stakeholder groups.

Teambuilding Workshop for Y3DC Project Team

Mr. S.D. Navare and other stakeholders light the ceremonial lamp.

Participants pose for a group photo.


Printed at Printania Offset Pvt. Ltd., Shalimar Industrial Estate, Near Tata Power House, Matunga, Mumbai 400 019. Edited by D. Morada for Larsen & Toubro Limited, Corporate Brand Management & Communications, 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

Gallery

RANK COMPANY PRODUCT

1 ICICI Lombard Complete Health Suraksha

2 L&T Insurance my:health Medisure Classic

3 IFFCO TOKIO Swasthya Kavach

4 Max Bupa Family First

5 Tata AIG Medi-prime

Consumer VOICE Ranks L&T Insurance as Second Best Health Insurer in India

Consumer VOICE (of Jaago Grahak Jaago fame) recently carried out a survey covering all the major features that one should consider before buying health insurance.

The first was major features of floater policies from 16 general/health insurance companies in India. These included premium, room rent/ICU charges, maternity benefits and maximum renewable age. It also took into consideration the consumers experience.

The health insurance category has been usually maligned due to the experiences customers faced while interacting with various companies. Thus, the survey gave equal weightage to both product features and customer service (based on the experiences of 3,300 consumers). Each policy was then rated according to the quota assigned to these parameters.

The results showed the top 5 companies offering health insurance in India. Interestingly, L&T Insurance - a fairly new entrant in the insurance sector - ranked 2nd in this survey. While the rest of the companies have been operating in the business nearly a decade, L&T Insurance secured this position after being in the industry for just three years. This was indeed a commendable achievement for the company.

Consumers always opt for a policy that also provides customer-friendly service along with product features. Therefore, they have given these factors equal weight-age (50:50) and computed their ratings.

This ranking will not only help customers choose the best policy, but it will also guide them regarding the various features to look out for in a health insurance policy.

Key Findings of this Survey: Top 5 companies by Product Features:

Top 5 companies by Combined Score (Equal weight age to Product Features & Quality of Service):

1. ICICI Lombard (8.53/10)

2. L&T Insurance (8.21/10)

3. IFFCO-TOKIO (8.01/10)

4. TATA AIG (7.75/10)

5. Religare (7.74/10)

1. ICICI Lombard (8.3/10)

2. L&T Insurance (8.19/10)

3. IFFCO-TOKIO (7.7/10)

4. Max Bupa (7.5/10)

5. TATA AIG (7.4/10)

- Aristotle (Ethics, 360 BCE)

To give away money is an easy matter in any mans power. But to decide to whom to give it to, and how large and when, and for what purpose and how, is neither in every mans power nor an easy matter.

NNVOct Dec2013 Web

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