L&T bags Rs716 cr infrastructure order from UAE

L&T bags Rs716 cr infrastructure order from UAE

Mumbai: Infrastructure major Larsen & Toubro (L&T) on Friday said its construction division has bagged a Rs716 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 (BSE).

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 Rs2,015, up 0.19% from the previous close on the Bombay Stock Exchange.