Wednesday, September 24, 2008

L&T bags Rs 5,000 cr order in construction vertical

Mumbai, Sep 24 : Larsen & Toubro (L&T) on Wednesday said it has bagged an aggregate order of Rs 5,000 crore in its construction vertical called Building & Factories Operating Company.

The orders were bagged in the second quarter of this financial year to build institutional, commercial, residential and factory buildings, L&T said in a release.

The orders have been received from NESCO, Godrej Properties, PBEL Property Development, Om Prakash Jindal Grahim Jan Kalyan Sansthan and Mahi Cement.

These orders boost a growth trend that earlier saw the company securing major design and build orders in airports, IT parks and commercial space, the company said.

L&T has been engaged with airports in Hyderabad, Bangalore, Delhi and Mumbai.

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