L&T Secures LNTP for New Tashkent International Airport Project
Larsen & Toubro has secured a Limited Notice to Proceed (LNTP) for the New Tashkent International Airport project. The EPC contract involves constructing a passenger terminal and associated infrastructure to handle 17 million passengers annually. This marks a significant milestone for L&T's global infrastructure portfolio.
The project is described as an 'Ultra-mega' project and a landmark greenfield development, indicating a substantial impact on the company's order book and future revenue.
The company has secured a significant contract for a major infrastructure project, which is a positive development.
Larsen & Toubro (L&T) has commenced initial activities for the New Tashkent International Airport project in Uzbekistan. The Public Spaces, Airports & Health (PAH) business vertical received a Limited Notice to Proceed (LNTP) from the PPP consortium developing the airport, following the award of an engineering, procurement, and construction (EPC) contract.
Under the LNTP, L&T will undertake initial engineering, detailed design, planning, procurement preparation, and other pre-construction activities. The full Notice to Proceed (NTP) is expected upon the consortium fulfilling agreed contractual conditions precedent, after which full construction will commence. L&T's scope includes site grading, road infrastructure, structural works, architectural finishes, MEP services, utilities, and advanced airport systems for a passenger terminal designed to handle approximately 17 million passengers annually.
Mr. Sthaladipti Saha, Senior Vice President & Head - Buildings Infrastructure at L&T, stated that this project is a significant milestone, crucial for enhancing regional connectivity and supporting Uzbekistan's ambition to become a leading aviation hub. The project reinforces L&T's leadership in airport infrastructure globally.
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