L&T Construction on Wednesday said that its Buildings & Factories (B&F) business has bagged a significant order in India and Oman. The Residential Business of B&F, it said, has secured a significant repeat order from Government Planning & Development Authority, Maharashtra to construct EWS Housing, 14 towers and related infrastructure works in Navi Mumbai.
“The scope of works includes design & construction of civil structures in all aspects including finishes, MEP, and related external development works. The project is to be executed within 42 months,” it said in a regulatory filing.
Further the business through the L&T Oman entity has been awarded the contract for a mixed-use development project in Muscat by a reputed private client. This contract involves the construction of a 3-star hotel featuring 80-key hotel rooms, 101 serviced apartments, and a 23-key residential apartment and office block with a common basement, associated service buildings, external works, services, as well as hard and soft landscaping.
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.