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| L&T bags New Orders worth Rs.1100 crore in Buildings & Factories Segment |
| Mumbai, Feb 03, 2010: Larsen & Toubro’s (L&T) Buildings & Factories Operating Company - part of its Construction Division – has bagged new orders aggregating to Rs.1100 crore recently for the construction of residential tower, ware houses, mall, & a factory building project. L&T has secured a Rs. 500 crore contract from M/s Raghuleela Lessors & Developers Pvt Ltd (Wadhwa Group) for the construction of residential towers “The Address” at Ghatkopar(W), Mumbai. In yet another development, Rs. 305 crore contract has been secured from M/s Arshiya International Limited for the construction of Ware houses & Allied Infrastructure works at Khurja, Uttar Pradesh. Further orders worth Rs. 295 crore has been secured from various esteemed clients for construction of a mall at Kolkata and a factory building at Samalkha, Haryana. These orders further enhance the order book of the company which has already secured orders for major design & build contracts in Airports, IT Parks and commercial space. L&T has a commanding market share in these segments. Back ground: Larsen & Toubro is a USD 8.5 billion technology, engineering and construction group, with global operations. It is one of the largest and most respected companies in India’s private sector. A strong, customer –focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decades. |