L&T bags large orders for Delhi CCS and Amaravati towers.

Larsen & Toubro Limited (LT) has secured two large orders under its Public Spaces, Airports & Health business. The orders cover construction of Common Central Secretariat Buildings 4 and 5 in Delhi and two office towers in Amaravati. The Delhi project involves construction of Common Central Secretariat Buildings 4 and 5 with a built-up area of 32.8 lakh sq. ft., to be completed in 24 months. The Amaravati project covers construction of two 47-floor office towers near the Quantum Computing Centre, with a built-up area of 37.5 lakh sq. ft., to be completed in 30 months. Order values have not been disclosed. Both projects fall under L&T’s large-order category. The key triggers are the wins of two large institutional construction projects in Delhi and Amaravati, adding meaningful scale to the order book in the buildings segment. These developments support medium-term revenue visibility for L&T’s construction business. Peers in the large-scale EPC and buildings space such as Kalpataru Projects, NBCC, and Afcons Infrastructure may face comparison on order inflows. Near-term prices could react positively on the order wins, though the impact may be moderated as values are undisclosed. Risks include execution delays relative to the 24–30 month timelines or cost overruns on the projects. Competitors listed: Kalpataru Projects, NBCC, Afcons Infrastructure.