L-;T Construction secures order from Telangana Government; stock adds ~1%

6 Apr 2022 , 01:22 PM

Larsen & Toubro’s buildings & factories Business has secured various orders from prestigious clients.

The company’s health segment has secured an order from the Govt. of Telangana to construct a super-specialty hospital at Warangal on Design & Build Turnkey basis with stringent timelines. The company will be responsible to construct a 1750 bed super specialty hospital that is part of the Warangal Health City, Telangana. This will be one of the largest hospitals equipped with modern facilities in the state and the tallest hospital structure in the country.

The scope of work also includes constructing a configuration of Basement+ Ground + 23 floors & other ancillary buildings with a total built-up area of 1.65 Mn sq. ft. The state-of-the-art facility consists of specialty departments such as Anaesthesia, Dermatology, Neurology, Orthopaedics, Psychiatry, Pulmonary Medicine, Radiology, Biochemistry, Microbiology, Pathology, and other departments. LINAC, PET CT, 300 ICU Beds, 25 Modular OTs, Medical Equipment Supply, Installation, Testing & commissioning, are also part of such project.

Dharamshala, Kitchen & Dining Block, Creche, Utility Building to be executed in the total site area of 43 acres.

The scope of work includes civil structure, modular OT, pneumatic tube system, finishes & allied MEP services including medical gas piping, and external road & landscaping works.

The company will be constructing 36 residential towers in all aspects including RCC shell and core, finishing, MEP, and related external development work. The company is expected to execute the project within a period of 18 months.

Larsen & Toubro is currently trading at Rs1,848.90 up by Rs15.2 or 0.83% from its previous closing of Rs1,833.70 on the BSE. Its scrip touched intraday high and low of Rs1,858 and Rs1,827.10 respectively.