L&T’s Buildings and Plants branch wins major orders across India
The Buildings & Plants activity of the major EPC, Larsen & Toubro (L&T) has won major contracts with multiple clients.
According to the classification of L&T, the value of the major project is Rs 1,000 crore to Rs 2,500 crore.
The company‘s healthcare segment won a government order. of Telangana to build a super specialty hospital in Warangal on a turnkey design and build basis with strict deadlines. The scope of work included the construction of a 1,750 bed super specialty hospital which forms part of Warangal Health City, Telangana.
The project also includes the construction of a configuration of basement + ground floor + 23 floors and other auxiliary buildings with a total built-up area of 1.65 million square feet. The facility will cover specialty departments such as Anesthesia, Dermatology, Neurology, Orthopedics, Psychiatry, Pulmonary Medicine, Radiology, Biochemistry, Microbiology, Pathology and other departments. It also includes LINAC, PET CT, 300 ICU Beds, 25 Modular OTs, Medical Equipment Supply, Installation, Testing and Commissioning, Dharamshala, Kitchen and Dining Block, Nursery and Utility Building to be run on the acreage total site of 43 acres.
Scope of work includes civil structure, finishes and related MEP services including medical gas piping, modular OT, pneumatic tube system including External Route 8: Landscaping works.
Additionally, the Residential BU won an order from a client for the construction of a residential township in Nagothane near Raigad, Maharashtra. The scope of work for this project includes the construction of 36 residential towers in all aspects including RCC shell and core, finishing, MEP and related external development works. The project should be implemented in 18 months.
L&T’s consolidated net profit fell by 16.70% to Rs 2,054.74 crore on an 11.14% increase in net sales to Rs 39,562.92 crore in Q3 FY22 compared to Q3 FY21.
L&T shares gained 0.65% to Rs 1,845.65 on BSE. L&T is an Indian multinational company engaged in EPC projects, high-tech manufacturing and services. It operates in more than 50 countries around the world.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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