Larsen and Toubro bags orders worth Rs.1,513 crore

Tue, Oct 6 2009 13:20 IST | 127 Views | Add your comment
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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.

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