India’s L&T secures major residential project in Oman
MUSCAT: India’s construction conglomerate Larsen & Toubro (L&T) said it has secured a major residential construction contract in Oman valued at Rs4.3 billion or $67 million. 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 Rs22.75 billion across different business segments, including the Oman project, according to a disclosure statement posted on the Bombay Stock Exchange.
Among other deals, an EPC order has been secured from the Bangalore Development Authority to execute Utility Development and Management for the Nadaprabhu Kempegowda Layout on a design, build and operate (DBO) basis for its first package.
The scope of work includes 360km of potable water supply, sewage collection and recycle water supply network, and 85km of precast utility ducts. In addition, five sewage treatment plants with combined capacity of 22.5 million litres per day using the most advanced sewage treatment tech- nology, MBR, have been proposed under the project.
Another EPC order has been secured from the Madhya Pradesh Jal Nigam Maryadit (MPJNM), the government of Madhya Pradesh, to provide water to the Seoni and Chappara Blocks of Seoni district. The scope includes supplying and laying of pipelines; design and construction of intake pump houses, water treatment plants and various water storage structures, including house service connections.
The group has also bagged major solar EPC orders worth Rs5.90 billion.