L&T bags orders worth Rs 1,500 crore

MUMBAI: Engineering major Larsen & Toubro on Tuesday said it has bagged orders worth Rs 1,500 crore from various vendors for construction of hospitals, residential towers and factories. The company’s building and factories operating company, which is part of its construction division, has bagged new orders totalling Rs 1,500 crore, L&T said in a filing to the BSE.

The company has received two orders worth Rs 627 crore from HLL Lifecare (a government of India Enterprise) for construction of hospital buildings and a Rs 342-crore contract is secured from Shree Ahuja Properties & Realtors for residential buildings, the filing added. Further, the company has bagged Rs 321 crore contract from Lucknow Development Authority.