L&T wins Rs 2085 cr contract to build expressway in Oman
The project is scheduled to be completed in 36 months and involves building a 50-km four-lane dual carriage expressway, two grade separated interchanges, seven overpass, five bridges and cross drainage work, as per international standards.
July 17, 2013 / 16:48 IST
Engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has won a Rs 2,085 crore overseas order from Oman government for construction of Al Batinah Expressway.
Also Read: India Ratings gives negative outlook to construction sector"The transportation infrastructure business of L&T has made a major breakthrough in its international business by bagging a new order worth riyal Omani Rs 2,085 crore from the ministry of transport and communications, Sultanate of Oman, for construction of the Al Batinah Expressway Package 4," the company said in a statement.The project is scheduled to be completed in 36 months and involves building a 50-km four-lane dual carriage expressway, two grade separated interchanges, seven overpass, five bridges and cross drainage work, as per international standards.The company said the order was won against stiff international competition and augers well for L&T's expansion in international infrastructure.It said the company has been making significant strides in the areas of roads and bridges both in international and domestic markets through its capabilities in design, engineering, project execution and construction among others.L&T is a USD 14 billion conglomerate with global operations. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
