Thursday, January 10, 2008

Larsen & Toubro

Larsen & Toubro has bagged orders valued at Rs 2,000 crore on turnkey basis from Kingston Properties, for construction of various office & residential buildings in a span of four years. Apart from this project, L&T's Construction Division has secured orders for many assignments, including Rs 665-crore design & build contract from Cognizant Technology for development of centres in Chennai and Kolkatta. L&T has also bagged a Rs 187 crore order from ITC Hotels for their Grand Chola Hotel at Chennai. The scope of work involves construction of 1.52 million square feet area to house 600 rooms. The company has secured Rs 408 crore contract from ICICI Bank for construction of their office building at Hyderabad. The work involves construction of 4 million square feet building area, having basement plus 16 floors.

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