Moneycontrol Bureau
Engineering and construction major Larsen & Toubro 's arm in Oman has won road construction orders worth about Rs 875 crore from Muscat Municipality and Oman’s Ministry of Transport & Communication.
The orders won by L&T (Oman) include construction of the Wadikabir-Darsait Road, scheduled to be completed in 24 months, and the Mahlah-Ghubbrat Al Tam-Ismaiyah Road, to be completed in 41 months.
The projects include design and construction of flyovers, underpasses, bridges and cross drainage works, L&T said Thursday.
It said the orders were won by L&T (Oman) against stiff international competition and augur well for L&T’s expansion plans in the urban infrastructure space in international markets.
L&T shares were trading down 1.3% at Rs 1,372.55 on NSE in morning trade.
deepak kumar jha
pgdm 3rd
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