Buildings & Factories Business of L&T Construction Wins Order Valued ₹3036 Crore

Mumbai, Oct 03, 2018: The Buildings & Factories business of Larsen & Toubro has won a prestigious EPC order worth ₹3,036 Crore from Bangalore International Airport Limited (BIAL) to construct Terminal-2 (T2) of the Kempegowda International Airport, Bengaluru. Once completed, the 255,000 sq. mt. Phase 1 of T2 will augment the capacity of the Airport by 25 million passengers per annum (MPPA).

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. L&T Construction is also currently constructing the New South Parallel Runway (NSPR), apron and other auxiliary buildings at the Bengaluru Airport.

This win is a reflection on L&T's capability to do highly complex design & build airport projects to time, with world class quality & safety requirements. This repeat win is the reflection of the confidence our client reposes with us to deliver another world class airport project,” said Mr. S.N. Subrahmanyan, Chief Executive Officer & Managing Director, Larsen & Toubro Ltd. “Our association with BIAL has been long and we are confident of delivering this project to the complete satisfaction of our customer.

The design for Terminal 2 was articulated by Skidmore, Owings & Merrill (SOM), USA ‒ a leading architecture and urban planning firm.

About Kempegowda International Airport, Bengaluru

The Kempegowda International Airport, Bengaluru is India's first Greenfield airport to be built as a public-private partnership. It is operated by Bangalore International Airport Limited (BIAL), where private promoters hold 74 per cent (Fairfax: 54 per cent and Siemens Projects Ventures: 20 per cent) stake in BIAL, while the Government holds the remaining 26 per cent (Karnataka State Industrial & Infrastructure Development Corporation Limited: 13 per cent, Airports Authority of India: 13 per cent). The Airport began operations in May 2008 and has significantly enhanced the regional and worldwide air connectivity of Bengaluru and Karnataka. It is currently the busiest airport in South India and the third largest in the Country ‒ having served 26.91 million passengers in FY2017-18. Bengaluru Airport has been ranked the world's second fastest growing airport by RoutesOnline. Kempegowda International Airport, Bengaluru has been adjudged the ߵBest Regional Airport in India & Central Asiaߴ by Skytrax in 2018.

Background

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 18 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.