L&T secures LNTP for New Tashkent International Airport; initial work begins
Larsen & Toubro · Construction
What the filing says
- PAH vertical secured a Limited Notice to Proceed (LNTP) from the PPP consortium for New Tashkent International Airport, per the October 19, 2026 press release
- L&T's scope covers the passenger terminal and landside infrastructure, to cater to approximately 17 million passengers annually
- Full Notice to Proceed is expected after agreed contractual conditions precedent are fulfilled; the filing states no contract value for this project
Why it's rated major development: The filing classes the project as Ultra-Mega (above ₹15,000 Cr), which meets the high threshold, and the LNTP is issued and the EPC contract executed, while full-scope NTP is still pending conditions precedent.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
