MoneyWorks4Me

L&T secures contract from Abu Dhabi Gas Industries

21 Dec 2011 Evaluate

Larsen & Toubro (L&T) has secured a contract valued at 695 million dirhams from Abu Dhabi Gas Industries. The contract is for engineering, procurement, construction and commissioning of the Habshan-Ruwais-Shuweihat gas pipeline.

Recently, L&T’s construction division bagged new order valued at Rs 1,000 crore across various business segments in the third quarter of FY2012. In the building and factories segment, the company secured Rs 200 crore order from the GMR group for the construction of an Air Traffic Control Tower and associated works at Delhi International Airport in New Delhi.

Peers
Company Name CMP
Larsen & Toubro 3846.10
Kalpataru Projects 1382.60
NCC 136.10
Rail Vikas Nigam 197.90
KEC International 404.85
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