Construction
Larsen & Toubro wins major contract in Oman
India’s construction conglomerate Larsen & Toubro said it has secured a major construction contract valued at Rs.4.3bn ($67mn) for a residential project in Oman. The scope of the work includes structure, architectural finishes, mechanical, electrical and plumbing (MEP) services and external development.
In fact, the Indian construction giant has won contracts worth Rs.22.75bn across different business segments, which include the Oman project, according to a disclosure statement posted on Bombay Stock Exchange.
Among other deals, an EPC order has been secured from Bangalore Development Authority for executing Utility Development and Management for Nadaprabhu Kempegowda Layout on a design, build and operate (DBO) basis for its first package.
The scope of work includes 360 km of potable water supply, sewage collection and recycle water supply network and 85 km of precast utility ducts. In addition, five sewage treatment plants of combined capacity 22.5 million litres per day using the most advanced sewage treatment technology – MBR, have been proposed under the project.
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