• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

The company calls it a major breakthrough in the highly competitive water sector in the Gulf.

Mumbai , Aug. 9

LARSEN & Toubro Ltd and its Oman-based subsidiary have expanded their presence in the Gulf by securing five contracts cumulatively valued at Rs 467 crore for water supply projects, high-rise buildings and luxury condominiums.

L&T called it a major breakthrough in the highly competitive water sector in the Gulf. Larsen & Toubro (Oman) LLC has secured two contracts valued at Rs 195 crore from the Ministry of Housing, Electricity and Water of the Sultanate of Oman.

L&T will provide a water supply distribution system to Saham and Khaburah, around 200 km from Muscat. The project is to be completed within 12 months and involves the laying of a 693-km pipeline network.

In the United Arab Emirates (UAE), the company's construction division won three orders in the urban infrastructure sector, accounting for Rs 272 crore.

Two contracts valued at Rs 117 crore cover the construction of two 39-storied commercial and office buildings in Dubai — for Han World Enterprises Inc and Technobuild Space Ltd.

The complexes will be built at Jumeirah Lakes in the Nakheel area of Dubai within 20 months.

The third contract, valued at Rs 155 crore ( 130 million UAE Dirhams), has been secured from Trident International Holdings,

Hong Kong, for the construction of two towers of 35-storied and 25-storied luxury condominiums and associated structures at Marsa, Dubai Marina.

L&T is already executing the Waterfront Tower at Dubai for Trident International Holdings.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sweeping rally

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line