L&T bags project in Mumbai and Kolkata
Engineering major Larsen & Toubro today said it has bagged contracts worth Rs1,832 crore from various business segments since July. The company’s construction arm L&T Construction has won new orders worth Rs1,832 crore from across various business segments in July and August as according to a release issued here said.
The company has bagged Rs1,008-crore worth orders in its buildings and factories business, Rs624-crore worth contracts in the power transmission and distribution segment from the international market and Rs200-crore orders in the heavy civil infrastructure business.
In buildings business, L&T has secured a turnkey order from a private developer for a residential tower in Kolkata where it will construct five towers of up to 29 floors with all amenities. Another order is for the construction of a 246-metre high, 60-floor residential tower in Mumbai. Additional orders have also been received from various ongoing jobs, the release said.
The Larsen & Tourbo group has bagged this construction project in Kolkata and Mumbai which would take some time to come up. The first phase work would take some time to start up post which the work might speed up. It will be a luxurious residential floor.
Source: The Hindu Business Line
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