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L&T's construction division bags Rs 1,450 cr order

Larsen & Toubro’s (L&T) newly formed Building & Factories Operating company, a part of its construction division, has bagged large value orders aggregating around Rs 1,450 crore in the third quarter of 2008-09 for the construction of IT and office space building including add on orders from on going work at its airport projects.The orders for construction of the above said have been received from major players such as Tata Consultancy Services and Godrej Developers.

L&T had bagged Rs 2,460 crore order from Mumbai Metropolitan Region Development Authority (MMRDA) for constructing the monorail project in the city last month. The company in association with Malaysia-based Scomi Engineering would build the 20-km monorail in 30 months.

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