L&T secures large contracts from big companies in domestic market, reveals exchange filing

Infrastructure giants Larsen & Toubro (L&T) bags ‘large’ contracts from multiple domestic clients. The construction giant does not reveal specifics regarding the value and size of the contracts.

The engineering and construction company just revealed about getting some large contracts which fall in category of Rs 2,500 crore to Rs 5,000 crore.

In an exchange filing the company said that its building and construction arm secured a contract for campus construction of IIT Hyderabad at Kandi, Telangana, L&T.

L&T said its buildings and factories business has bagged another order from an Indian Real Estate development company for the construction of “Asset 13 project” at Aerocity, New Delhi.

The above project consists of office complex, hotel building, and business centre as well as international conference and multi-level car parking spaces. The above project has to be completed in 22.5 months.

L&T further said that its construction business has secured add-on orders from few of its existing projects. Also, its metallurgical business as bagged an order from Bharat Heavy Electrical Limited (BHEL) forn an Ash Handling Plant tobe constructed at NTPC, Patratu Thermal Power Plant situated in Jharkhand.

Larsen & Toubro Limited, also known as L&T, is one of the largest Indian multi-national firms and leading infrastructure construction company headquartered in Mumbai, Maharashtra, India

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