Construction company L&T Construction bags ‘significant’ orders
Larsen & Toubro (L&T), which has various businesses under its banner, announced on Thursday that its construction arm has secured ‘significant’ orders.
The value of the contracts was not disclosed, but the company stated they fall within the significant category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to their classification.
Company’s water and effluent treatment business has won a repeat order from the Uttar Pradesh State Water & Sanitation Mission (SWSM) to implement house tap projects under the Jal Jeevan Mission.
In Mumbai’s suburb of Mulund, the company said, it has received an order to construct residential towers from a reputed developer.
The contract includes the construction of seven residential towers with a built-up area of 4.3 million square feet which include ground, ground floor and 55 floors as well as waterproofing, masonry and plastering.
In addition, the project must be completed within a strict deadline.
L&T is a multinational engineering, procurement, and construction (EPC) company active in manufacturing, services and hi-tech projects.
Disclaimer: The news has been picked from PTI. Indian Business Times has no role in verifying the news.