The Public Spaces, Airports & Health (PAH) business vertical of Larsen & Toubro has secured a Limited Notice to Proceed (LNTP) from the PPP consortium developing the New Tashkent International Airport in Uzbekistan. According to the company's order classification, the project is an ultra mega project valued over Rs 15,000 crore.
The LNTP has been issued following the execution of an engineering, procurement & construction (EPC) contract, awarded to L&T earlier, for the construction of the passenger terminal and associated landside infrastructure of the greenfield airport.
Pursuant to the LNTP, L&T has commenced initial engineering, detailed design, planning, procurement preparation and other related pre-construction activities for the project. The Notice to Proceed (NTP) for the full project scope is expected to be issued by the consortium upon fulfilment of the agreed contractual conditions precedent, and following that construction activities at the site will commence.
The passenger terminal and associated landside facilities, to be undertaken by L&T, are to cater to approximately 17 million passengers annually. L&T's scope of work includes site grading, road infrastructure, structural works, architectural finishes, MEP services, utilities and installation of advanced airport systems.
The New Tashkent International Airport is a landmark greenfield development envisaged to transform Uzbekistan into a major aviation hub connecting East and West, and North and South. This airport forms a key pillar of Uzbekistan's long-term transport infrastructure strategy and is planned to become one of Central Asia's largest aviation gateways for passenger, cargo and logistics traffic.
Click here to visit SEBI Scores