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.
-
Economy2 months agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News4 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News4 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines2 months agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Economy4 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price

You must be logged in to post a comment Login