Larsen & Toubro (L&T) construction unit bags multiple contracts across India

Indian conglomerate Larsen & Toubro (L&T) said that its construction arm bagged multiple contracts for its building and factories (B&F) and power transmission and distribution businesses, worth in the range of INR10 billion to INR25 billion.

The B&F unit’s residential business has secured an add-on order from an undisclosed developer for carrying out core and shell works of a couple of wings of a tower along with the non-tower area works.

The L&T unit also bagged a design and build contract from an undisclosed client for the construction of a multispecialty hospital in Nagpur in Maharashtra, India.

See also  Mahindra Lifespace Developers set to buy 3.2 acres of land in Pimpri, Pune

The scope of the project, which has to be executed in a fast tracked manner, includes structure, finishes, MEP, and medical gas pipeline system, to be carried out completely in structural steel, including the core.

Larsen & Toubro (L&T) construction unit bags multiple contracts across India
Larsen & Toubro (L&T) construction unit bags multiple contracts across India

L&T said that its IT& office space business has won an order from an undisclosed client to carry out the civil shell and core works of a mixed used building in Bengaluru, Karnataka. The scope of contract includes the construction of a tower of 9.06 lakh sft, which has to be wrapped up in a period of 18 months.

See also  Muthoot Microfin announces co-lending partnership with State Bank of India to support women entrepreneurs

On the other hand, L&T Construction’s power transmission and distribution unit won another package to supply electrical and mechanical systems for tunnels in the Udhampur Srinagar Baramulla rail link project.

Under the scope of the package, L&T will supply 33kV & 11kV HT power cable network, DG sets, GIS substation, tunnel lighting, ventilation and firefighting systems and SCADA system.

The L&T unit also won another underground cabling package in a South Indian city aimed at boosting the reliability of power supply. Besides, the unit secured add-on orders from its existing customers.

See also  Bombshell revelations: BJP zeroes in on Mahua Moitra amidst bribery allegations

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.