Explore Business Standard
Larsen and Toubro on Tuesday said it has secured a "significant" transport infrastructure development project in Dubai, UAE. The order pertains to the Phase-1 of the road development initiative undertaken by the UAE authorities, Larsen and Toubro (L&T) informed the exchanges. L&T did not provide any financial details of the order. According to company classification, a significant order ranges between Rs 1,000 crore to Rs 2,500 crore. The contract has been secured by the Transportation Infrastructure business vertical of the company for the improvement of Latifa Bint Hamdan Street in Dubai. The project is scheduled to be completed in 36 months. The scope of the project includes upgrading the existing road corridor stretching from Emirates Road (E611) to Sheikh Mohammed Bin Zayed Road (E311). The work involves widening the current two-lane dual carriageway into a four-lane dual carriageway in each direction to enhance network capacity and ease traffic flow.
Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a "significant" order for the Hyderabad Greenfield Radial Road project. The contract, awarded to L&T's transportation infrastructure business vertical, covers the second phase of the project in Ranga Reddy district. L&T classifies an order amount ranging between Rs 1,000 cr to Rs 2,500 cr as 'significant'. It involves the construction of a "22.3 km 3+3 lane access-controlled radial road" to boost connectivity in the region, L&T said in a filing to BSE. The Hyderabad Greenfield Radial Road phase-2 holds strategic importance as the first radial connector linking Hyderabad's outer ring road to the proposed 340-km regional ring road , enhancing regional connectivity. It will improve access to key growth hubs like IT corridors and electronic city, driving economic development in Telangana's Ranga Reddy district. Under the contract, the infrastructure firm will construct a 3.6 km long viaduct, minor .