New Delhi: Larsen & Toubro (L&T) said that its buildings and factories fast business, which is part of the construction vertical, had obtained an EPC (engineering, procurement and construction) order in Mumbai for the development of an office building using composite steel construction technology, it said in a regulatory filing. The engineering major stated that it had won a ‘significant’ order from a multinational corporation for the development of office space in Mumbai with a built-up area of 14.85 lakh sqft, valued at between Rs 1000 crore to Rs 2500 crore.
According to the company, 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. “The project scope involves engineering, procurement & construction including civil works, composite steel, façade, MEP & external development activities to construct 6B+G+12 Floors,” it said. The project is scheduled to be completed in 2026.
Last month, the company announced that it had bagged ‘significant’ orders for its power transmission and distribution business in India and abroad. A regulatory filing said that the firm had won two orders to upgrade electrical networks in extensive industrial facilities in the Middle East.