Larsen & Toubro and its Oman-based subsidiary have secured five contracts, cumulatively valued at Rs 467 crore, in the Middle East for water supply projects, high-rise buildings and luxury condominiums.According to a release issued by L&T to the BSE today, 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. "The company will provide water supply distribution system to Saham and Khaburah towns, around 200 km from Muscat. The project is to be completed within 12 months, and involves laying a 693 km pipeline network. The scope also includes construction of three elevated overhead tanks of 2000 cubic metre capacity, and two 1,500 cubic metre pumping facilities, a tanker filling station and associated structures," the release said.The company's construction division has won three orders totalling Rs 272 crroe in the UAE. Two contracts, valued at Rs 117 crore, cover construction of two, 39-storied commercial and office buildings in Dubai for Han World Enterprises Inc and Technobuild Space. 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, has been secured from Hong Kong-based Trident International Holdings for the construction of two towers of 35-storied and 25-storied luxury condominiums and associated structures at Marsa, Dubai Marina. The company is already executing the waterfront tower at Dubai for Trident International Holdings," the release added.
