Saturday, November 28, 02:48 am IST
Hot Searches:  mahindra satyamITCtata steel
| Feedback
Moneycontrol » News Center » Business » Business News
L&T may bag civil contract for Bangalore airport
Published on Wed, Dec 27, 2006 at 09:10   |  Updated at Wed, Dec 27, 2006 at 14:39  |  Source : Moneycontrol.com

The Air India-Singapore Airport Terminal Services (SATS) consortium, that won the bid for cargo handling at the greenfield airport in Bangalore, plans to award the civil contract for the project to Larsen & Toubro (L&T).

Official sources told Business Line that while a final decision on the award will be taken shortly, there were several advantages in roping in L&T to do the civil work for the project.

Win-win situation

"Bangalore International Airport Ltd (BIAL), the company undertaking development of the new airport, has awarded a majority of contracts to L&T especially those relating to construction. L&T already has manpower, expertise and equipment in place at the existing site. So, awarding the contract to them would prove a win-win situation," an official of the consortium said.

While the total cost of the cargo-handling project is Rs 81 crore, the civil construction works project that is likely to be bagged by L&T is estimated at Rs 50 crore.

Contd on pg 2

More news from Business
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
24 Hours
7 Days
1 Month
NEWS FROM OUR PARTNERS
©Network 18, 2009. All Rights Reserved