Larsen & Toubro Limited has announced through a regulatory filing and press release that its Public Spaces, Airports & Health (PAH) business vertical has secured a Limited Notice to Proceed (LNTP) for the New Tashkent International Airport project in Uzbekistan.

The LNTP follows the execution of an engineering, procurement & construction (EPC) contract awarded to L&T for construction of the passenger terminal and associated landside infrastructure of the greenfield airport.

Project Scope and Details

  • Project Type: Greenfield airport development
  • Location: Tashkent, Uzbekistan
  • Capacity: Designed to cater to approximately 17 million passengers annually
  • Scope of Work: Includes site grading, road infrastructure, structural works, architectural finishes, MEP services, utilities, and installation of advanced airport systems
  • Contract Classification: Ultra-mega (value exceeding ₹15,000 crore as per L&T's order classification system)

Current Status

Pursuant to the LNTP, L&T has commenced initial engineering, detailed design, planning, procurement preparation, and other related pre-construction activities. The full Notice to Proceed (NTP) for the complete project scope is expected to be issued by the PPP consortium upon fulfilment of agreed contractual conditions precedent, following which full construction activities will commence.

Strategic Significance

The New Tashkent International Airport is described as a landmark greenfield development intended to transform Uzbekistan into a major aviation hub connecting East and West, and North and South. The project 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.

Management Commentary

Mr. Sthaladipti Saha, Senior Vice President & Head - Buildings Infrastructure, Larsen & Toubro, stated: "The execution of this project marks a significant milestone in L&T's global infrastructure EPC portfolio. The New Tashkent International Airport is a strategically important project that will play a pivotal role in enhancing regional connectivity and supporting Uzbekistan's ambition of emerging as a leading aviation hub."

Business Context

This order reinforces L&T's leadership in the airport infrastructure segment and underscores its capability to execute large and complex EPC projects across geographies. The PAH business vertical has an established track record of delivering world-class airports, public spaces and healthcare facilities in India and overseas.

Financial Impact

The project is classified as "Ultra-mega" indicating a contract value exceeding ₹15,000 crore, though the exact contract value is not disclosed in this specific announcement.

#Tags: #LarsenToubro #AirportInfrastructure #EPCContract #UltraMegaProject #SEBIDisclosure #Positive