L&T gets new orders in a residential construction project

18 May 2023 , 01:04 AM

The construction arm of Larsen & Toubro announced on Wednesday that it has bagged ‘significant’ engineering, procurement and construction (EPC) orders in a domestic construction project. The buildings and factories arm of L&T has won order in Thane, Mumbai from a developer to construct residential towers

The work contracts includes construction of core and shell works for five towers comprising ground, five podiums, 54 floors and allied parking areas. The project is to be executed within stringent timelines, the company said. However, the company did not disclose the deal value. 

According to the classification of project, the orders may range between Rs 1000 to Rs 2500 crore. 

In another order, company will construct commercial office space in Bengaluru with an approximate built-up area of 16 lakhs sq. ft. The work will include civil works for the composite structure, warm shell finishes among others. The project is scheduled to be completed in 18 months, the statement added.