Indian contractor Larsen & Toubro (L&T) has won three deals worth between $200m and $500m in India.
In Hyderabad, L&T has won a contract to build two office towers and will be responsible for development’s civil work, mechanical, electrics and plumbing, as well as the finishes and façades.
The towers are due to be completed in 18 months and L&T values the contract as “significant”, meaning it is worth between $100m and $250m.
MV Satish, L&T’s senior executive vice president for buildings, said: “L&T’s buildings and factories branch is a specialised unit that focuses on using innovative methods and deploying technology for ultra-speedy construction.
“Securing this repeat order is a testament to our long-standing relationship with the developer and our strong capabilities to build fast and smart in this fast-growing segment.”
L&T has also won another “significant” contract to build a hospital in Vile Parle, Mumbai, and a solar plant in southwestern West Bengal.
In Mumbai, L&T will build a 600-bed, 12-storey hospital for Nanavati Max Hospital across two phases, with the first phase due to be completed in just under two years. The 113MW solar power project will be built on behalf of the West Bengal State and funded by an unnamed foreign development bank.
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