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The buildings and factories business of Larsen & Toubro — L&T Construction, has secured a design and build order for construction of hospitals from a private developer in India. This is a first-of-its-kind private sector project that incorporates National Disaster Management Authority guidelines and will have base isolators in the foundation to withstand the worst-case seismic scenarios, L&T said in a statement to the exchanges. The project that will feature 37 linear accelerator bunkers has to be completed within a stringent timeline of 30 months. The business has also secured another order for the construction of a hospital in Udupi, Karnataka. Shares of L&T closed at ₹1,216.65, down 2.4 per cent, on the NSE.
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