L&T bags Rs 2,500-cr EPC contracts in multiple segments
Larsen and Toubro, an engineering and construction giant, recently bagged multiple orders from the domestic market for its buildings and factories business. The buildings & factories (B&F) arm of the company has won an order from a developer to construct residential towers in Thane, Mumbai involving a whopping investment of Rs 2,500 crore. The scope of the work includes construction of core and shell works for five towers comprising ground, five podiums, 54 floors and allied parking areas and the project is to be executed within stringent timelines. The company in a statement, stated that an another order has been secured to construct commercial office space in Bengaluru with a built-up area of 16 lakhs sq. ft. The scope of work includes civil works for the composite structure, warm shell finishes among others. The project is scheduled to be completed in 18 months.