Larsen and Toubro bags orders worth Rs.1,513 crore
Mumbai, Oct 6 : Engineering and construction major Larsen and Toubro (L&T) has bagged orders worth Rs. 1,513 crore during the second quarter this fiscal, the company said Tuesday.
Buildings and Factories Operating Co, part of L&T's construction division, has secured a Rs. 621-crore contract from DB Hospitality Ltd for building a high-rise tower, India Tower, at Charni road, Mumbai.
L&T has also bagged a Rs. 238-crore contract from the ITC group for developing its ITC Sonar Hotel in Kolkata.
Another major contract the company secured is a Rs. 367-crore hospital project for National Building Construction Corp (NBCC). L&T will build a hospital in Coimbatore and upgrade six in Haryana.
In the factories segment, L&T bagged new orders to the tune of Rs. 287 crore from Arshiya International Ltd for developing a "free trade warehousing zone" in Sai village at Panvel near Mumbai. (IANS)