Stories
LT Starts Work on Ultra-Mega New Tashkent Airport Project
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CNBC TV18•19-10-2026, 11:11
LT Starts Work on Ultra-Mega New Tashkent Airport Project
- •Larsen and Toubro announced that its public spaces airport and health business vertical has begun initial activities for the ultra-mega New Tashkent International Airport project in Uzbekistan.
- •The company secured a limited notice to proceed from the public-private partnership consortium developing the greenfield airport after being awarded an engineering procurement and construction contract.
- •Initial engineering detailed design planning and procurement preparation activities have officially commenced following the notice.
- •The New Tashkent International Airport aims to become one of Central Asia's largest aviation gateways supporting Uzbekistan's strategy to emerge as a leading regional aviation hub.
- •In market updates JPMorgan recently issued a high price target for L&T while the company prepares to report its second quarter results.
Key Questions Answered
Following a limited notice to proceed (LNTP), L&T has started initial engineering, detailed design, planning, procurement preparation, and other pre-construction activities for the project.
L&T classifies any order that exceeds ₹15,000 crore in value as an "ultra-mega" project.
The New Tashkent International Airport is a key pillar of Uzbekistan's transport infrastructure strategy, designed to become one of Central Asia's largest aviation gateways to enhance regional connectivity.
