L&T bags significant EPC orders for buildings and factories business

Larsen & Toubro (L&T) announced that it had secured significant engineering, procurement and construction (EPC) orders from the domestic market for its buildings and factories business. The buildings & factories (B&F) business of its arm Larsen & Toubro (L&T) Construction had won an order from a developer to construct residential towers in Thane, Mumbai, the infrastructure major said in a statement. The scope of work includes the construction of core and shell works for five towers comprising ground, five podiums, 54 floors and associated parking areas. The project is to be executed within strict timescales, the company said. The company did not disclose the value of the deal. According to its project classification, significant orders range between ₹1,000 crore and ₹2,500 crore. Another order has been secured from a client to construct commercial office space in Bengaluru with an approximate built-up area of 16 lakh square feet. The scope of work includes civil works for the composite structure, warm shell finishes and other works. The project is scheduled to be completed in 18 months, the statement added.