Now Reading: L&T starts work on ultra-mega Tashkent airport project
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L&T starts work on ultra-mega Tashkent airport project
The Story in Brief
Larsen & Toubro on Monday, 19 October, said it has begun initial work on the New Tashkent International Airport in Uzbekistan, which it classifies as an ultra-mega project (valued over Rs 15,000 crore). The company's public spaces, airports and health vertical received a limited notice to proceed from the PPP consortium developing the airport. L&T has started engineering, design, planning and procurement, with full construction to begin after the consortium issues the final notice to proceed.
The greenfield airport, set to be developed between 2026 and 2030 on a 1,310-hectare site, will eventually handle up to 46 million passengers a year. L&T's scope includes a passenger terminal for about 17 million passengers annually, site grading, roads, MEP services and advanced airport systems. The consortium behind the project includes Saudi Arabia's Vision International Investment Company (45%), Japan's Sojitz Corporation (30%), South Korea's Incheon International Airport Corporation (15%) and Uzbekistan Airports (10%).
Indian Opinion Analysis
All three outlets report the same facts from L&T's statement, leading with the LNTP and the ultra-mega classification. CNBC-TV18 and Economic Times add the share price reaction and L&T's Q2 results date, while Fortune India provides the most detail on project investment ($3 billion overall, $2.5 billion for phase one), the consortium shareholding, and capacity figures. None adopts a critical or pro-government stance: the coverage is uniform straight reporting of a corporate announcement. The implication is that the project's scale and L&T's global EPC credentials are the clear takeaway for investors and infrastructure watchers. L&T's Q2 results are due on 27 October.
Coverage: 3 sources, 3 neutral
Sources (3): cnbctv18.com (neutral report), fortuneindia.com (neutral report), economictimes.indiatimes.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
