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L&T Construction wins orders in India and Bangladesh for its Buildings & Factories Business

Posted On : 2023-08-14 10:21:01( TIMEZONE : IST )

L&T Construction wins orders in India and Bangladesh for its Buildings & Factories Business

The Buildings & Factories (B&F) Business of Larsen & Toubro (L&T) Construction has recently secured orders in India and Bangladesh.

The Business has secured an order from the Uttar Pradesh Cricket Association for the “Construction of a Cricket Stadium at Varanasi, Uttar Pradesh" on Design & Build Turnkey Basis. The seating capacity of the stadium will be 30,000 spectators. The scope includes Main Ground as per ICC standards, Display Score Board, Flood Lights, Corporate Boxes, VIP lounges, Office Areas, Broadcasting, Press Conference Areas, Kitchen & Dining areas, and a Practice Ground. The total site area under development is 30.67 acres.

Additionally, the scope of work involves Finishes & allied MEP services along with external development within the site premises.

The Business has secured another order from the Bangladesh Hi-Tech Park Authority to construct a Hi-Tech IT Parks at 4 locations across Bangladesh. This project is funded by EXIM Bank.

The major scope of work for the project comprises Construction of 7 storied Structural steel buildings at all 8 locations with BUA of 1.2 million Sqft including Civil, Finishes, Façade and Electromechanical Works with LEED Gold rating. The scope also includes HVAC, Lift, Electrical, Fire Fighting System, Public Health Engineering, Networking & Security System, Building Management System, Site Development, Road, Boundary wall, Landscaping, Arboriculture etc.

The project locations are in the districts of Cox's Bazar, Chattogram, Cumilla and Sylhet of Bangladesh.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 2643.90 as compared to the previous close of Rs. 2650.45. The total number of shares traded during the day was 25610 in over 1872 trades.

The stock hit an intraday high of Rs. 2661.10 and intraday low of 2621.70. The net turnover during the day was Rs. 67637610.00.

Source : Equity Bulls


LarsenandToubro INE018A01030 Construction BuildingsandFactories OrderWin India Bangladesh