Stock News: L n T

Larsen & Toubro (Oman) LLC is a joint venture of Larsen & Toubro India and The Zubair Corporation, which is one of the leading business groups in the Sultanate of Oman.

L&T has also secured two orders worth $79.71 million (Rs 315.20 crore) from Dhofar Power Company (DPC) and Muscat Electricity Distribution Company (MEDC) for electrical substations & associated works in Oman. These orders will be executed within a time span of 7 months to 16 months.

On 19 November 2007, the company secured a contract worth Rs 275 crore from Delhi Metro Railway Corporation in consortium with Shanghai Urban Construction.