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Mumbai:
Larsen & Toubro (L&T) has bagged orders worth
Rs900 crore from the National Highways Authority of India
(NHAI), and a letter of intent for Rs261 crore from the
principal contractor of the Hyderabad airport project.
The
NHAI orders include two build, operate and transfer (BOT)
road projects in Tamil Nadu and Andhra Pradesh.
According
to a press release from L&T in TN the road project
of Rs525 crore involves widening of the existing two-lane
road between Krishnagiri and Thoppurghat to four lanes
on NH 7.
The
other project of Rs370 crore includes four-laning of a
stretch from Jadcherla to Kottakota in Mehaboobnagar district
of Andhra Pradesh.
The
road projects will be developed through special purpose
vehicles (SPVs) formed exclusively for each project, the
release added.
In
the Rs261 crore Hyderabad airport project, L&T has
received a |