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Wednesday, July 17, 2013

Larsen and Toubro wins contract for building expressway in Oman

Engineering and construction major Larsen & Toubro (L&T) has said it has won a Rs 2,085 crore
overseas order from Oman government for construction of Al Batinah Expressway.

"The transportation infrastructure business of L&T has made a major breakthrough in its international business by bagging a new order worth riyal Omani 135.6 million (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.

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