Larsen & Toubro has bagged fresh orders worth nearly Rs.1,000 crore including two contracts valued at Rs.900 crore from National Highways Authority of India for developing highways in Tamil Nadu and Andhra Pradesh.

In Tamil Nadu, L&T will upgrade a link in the Salem-Bangalore Section of NH-7 (km 156 to km 163), at an estimated cost of Rs.525 crore. In Andhra Pradesh, it will undertake four-laning of the Jadcherla-Kottakota section in Mehboobnagar district, involving a contract value of Rs.370 crore. Both the projects will be taken up on BOT basis with a concession period of 20 years inclusive of construction period of 30 months.

L&T has also received a letter of intent for construction of a passenger terminal building for the upcoming Shamshabad international airport near Hyderabad in Andhra Pradesh.

ProjectsToday adds: The passenger terminal building contract discussed above is a sub-contract, valued at Rs.261 crore, awarded by China State Engineering (Hong Kong) Ltd. In August 2005, L&T and CSEHK had independently bagged two major contracts for the Hyderabad airport project. CSEHK had won the mandate for constructing the passenger terminal building, valued at Rs.615 crore, while L&T was awarded a Rs.495 crore airside and landside works contract. The passenger terminal building contract (or a part thereof) has now been sub-contracted to L&T. Click here for more details.