L&T arm bags contracts worth Rs 14.5 bn in Q3

Larsen & Toubro, India`s leading engineering and construction company, announced on Tuesday that Building & Factories Operating Company, a newly formed part of its construction division, has bagged orders worth Rs 14.5 billion in the third quarter of 2008-09 for the construction of IT and office space buildings including add on orders from ongoing works at its airport projects.

The orders for construction of IT and office space buildings have been received from major players around the country including TCS & Godrej Developers.

These orders enhance the order book of the company which had secured major design-7-build orders in the airports IT parks and commercial space and L&T has a significant market share in these segments.