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L&T bags Rs 716 cr infra order from UAE

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Press Trust of India Mumbai

Infrastructure major Larsen & Toubro (L&T) today said its construction division has bagged a Rs 716 crore order from Abu Dhabi for construction of Sheikh Khalifa Interchange.

The scope of work includes construction of four bridges to be completed in a time span of two years, L&T said in a filing to the Bombay Stock Exchange.

L&T's infrastructure operating company has obtained the order from the Department of Transport, Abu Dhabi after facing stiff international competition, it added.

With this order the company has made a major breakthrough in the international infrastructure segment.

Meanwhile, L&T scrip was trading at Rs 2,015, up 0.19 per cent from the previous close on the Bombay Stock Exchange.

 

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First Published: Dec 03 2010 | 12:20 PM IST

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