L&T JV wins $120mn deal in Oman

Larsen & Toubro (Oman), a joint venture between Larsen & Toubro and Zubair Corporation, has secured  two orders valued at $120 million in Oman.

The two orders, worth $56.5 million and $63.5 million, respectively, are for the construction of multi-storied apartments and villas at Sohar in the Sultanate of Oman.

According to a release issued by L&T to the BSE today, the projects are to be completed in 18 months w.e.f October 2006.