L&T bags Rs.2000 crore orders for Office & Residential Buildings in Mumbai
Mumbai, January 10, Larsen & Toubro’s (L&T) Construction Division has recently secured orders on Design and Build/Turnkey basis from leading Developers/ Owners. Prominent amongst these include Rs. 2000 cr orders from M/s. Kingston Properties Pvt. Limited for construction of various office & residential buildings in Mumbai, to be developed in a span of 4 years.
Apart from this project the Buildings and Factories (B&F) Business Unit of L&T’s Construction Division (ECC) has secured orders for many assignments including Rs. 665 cr design & build contract from M/s. Cognizant Technology Limited for their development centres in Chennai and Kolkatta.
L&T has also bagged a Rs. 187 cr, turnkey order from M/s. ITC Hotels Limited for their Grand Chola Hotel at Chennai. The scope involves construction of 1.52 million sq ft area to house 600 rooms.
The company has secured a Rs. 408 cr contract from M/s. ICICI Bank for construction of their office building at Hyderabad. The scope involves construction of 4.0 million sq ft building area, having basement plus 16 floors.
L&T’s ECC division has also secured a Rs. 300 cr order from M/s. CSJ Infrastructure Pvt. Ltd for construction of 3.00 million sq ft building at Chandigarh for development of malls, office space & hotel.
Incidentally, in the last 9 months of this year, the business unit has so far bagged contracts worth nearly Rs 12,000 crore including Mumbai International Airport Limited (MIAL).