L&T gets orders worth Rs 1198 crore
Larsen & Toubro (Oman) LLC, a joint venture between Larsen & Toubro and Zubair Corporation, has secured cumulative orders of Rs 1198 crore in Oman for developing projects in preparation for the second Asian Breach Games to be held there.
By Pradeep Pandey, ET Bureau |
MUMBAI: Larsen & Toubro (Oman) LLC, a joint venture between Larsen & Toubro and Zubair Corporation, has secured cumulative orders of Rs 1198 crore in Oman for developing projects in preparation for the second Asian Breach Games to be held there.
The JV will be involved in construction of a hotel, marine apartment buildings, administrative buildings for the games and an athletes' village.
These projects are scheduled to be completed within two years. Engineering, cost and project management consultants for the project are W.S. Atkins, NWS International and Faithful & Gould respectively, L&T said in a statement to the stock exchanges.
At 1:30 pm, L&T stocks were trading 3% down at Rs 643.80 amidst weak sentiments in the Mumbai stock market.
The JV will be involved in construction of a hotel, marine apartment buildings, administrative buildings for the games and an athletes' village.
These projects are scheduled to be completed within two years. Engineering, cost and project management consultants for the project are W.S. Atkins, NWS International and Faithful & Gould respectively, L&T said in a statement to the stock exchanges.
At 1:30 pm, L&T stocks were trading 3% down at Rs 643.80 amidst weak sentiments in the Mumbai stock market.
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