 "L&T bags Rs 30.36-bn order to build T2 of Bengaluru international airport")
Larsen & Toubro (L&T) Wednesday said its buildings and factories business has won Rs 30.36-billion order from Bangalore International Airport Ltd (BIAL) to construct terminal-2 of the Kempegowda International Airport, Bengaluru.
"The scope of work includes design, engineering, procurement, construction, testing and commissioning of terminal-2, including the integration of services and utilities along with the airport's systems, support facilities and buildings," the engineering and construction major said in a BSE filing.
The company said, once completed, the 2,55,000 square metre phase 1 of T2 will augment the capacity of the airport by 25 million passengers per annum (MPPA).
L&T Construction is also currently constructing the New South Parallel Runway (NSPR), apron and other auxiliary buildings at the Bengaluru Airport.
Shares of the company were trading at Rs 1,232 apiece, down 1.24 per cent, from the previous close on BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app