MoneyWorks4Me

L&T’s construction arm bags order worth Rs 3,028 crore from GHIAL

13 Aug 2018 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Buildings & Factories Business has bagged an Engineering, Procurement and Construction (EPC) order worth Rs 3,028 crore from GMR Hyderabad International Airport (GHIAL). The scope of work includes execution and implementation of EPC for expansion of the Terminal Building and Airside Infrastructure Works at the Rajiv Gandhi International Airport, Hyderabad in the state of Telangana.

The expansion will increase the airport’s capacity to handle 34 million passengers per annum (MPPA). L&T had earlier constructed the existing Hyderabad International Airport.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3870.00
Kalpataru Projects 1425.00
NCC 135.40
Rail Vikas Nigam 201.85
KEC International 403.25
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