L&T to build govt buildings in Delhi, AP under ‘large’ order between Rs 2,500-5,000 crores
Larsen & Toubro Limited has secured significant orders to construct government buildings in Delhi and Andhra Pradesh. The projects involve constructing two office towers in Amaravati and Central Secretariat buildings in New Delhi. The scope of wor...
Orders ranging between Rs 2,500 and 5,000 crore in value are categoried as 'large'.
The company's Public Spaces, Airports & Health (PAH) business vertical is set to build Central government's Common Central Secretariat buildings 4 and 5 along Kartavya Path in New Delhi.
Also read: Indian Navy to get another indigenous multipurpose ship built by L&T
The order, awarded by the Central Public Works Department, will be implemented on an engineering, procurement and construction basis. It comprises two buildings with a configuration of basement, ground and 7 floors, having a total built-up area of 32.8 lakh sq. ft.
Shares of Larsen & Toubro (L&T) were trading at Rs 3,630 as around 13:39 on Wednesday, being almost flat at -0.66% since the day's opening price.
L&T's scope encompasses structural, architectural, MEP and external development works, it said in a regulatory filing. The Delhi project is scheduled for completion in 24 months, followed by a five-year operation and maintenance period.
The Andhra Pradesh state government has awarded an order to L&T to build two office towers on either side of the Amaravati Quantum Computing Centre at Amaravati.
The two proposed towers will constitute basement, ground and 47 floors, together covering a built-up area of 37.5 lakh sq. ft.
Under the design & build order, the company's scope includes shell and core works, with the project scheduled for completion in 30 months.
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