News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 13 years ago
Rediff.com  » Business » L&T-led consortium bags Oman airport order

L&T-led consortium bags Oman airport order

By BS Reporter
November 16, 2010 10:59 IST
Get Rediff News in your Inbox:

A consortium of India's largest engineering company Larsen & Toubro (L&T) and non-resident Keralite (NRK) businessman P Mohamed Al-led Galfar Engineering & Contracting has bagged the design and development order for the New Salalah International Airport in the Sultanate of Oman for $764 million (Rs 3,452 crore).

L&T is the leader of the consortium and its scope of works will be approximately $500 million (Rs 2,200 crore).

L&T's scope of work involves the complete design, including airside and landside works, and construction of the 660,000 sq ft passenger terminal building, the air traffic control tower, ancillary buildings including MEP Systems and airport-wide system networks. These are scheduled to be completed in 30 months.

Upon completion, the airport will have a capacity to handle two million passengers per annum, according to a press release.

The bid by the L&T and Galfar consortium was better than that of local players J&P and a joint venture of Alsim Alarko and NCC, said sources.

This is the largest-ever overseas engineering, procurement and construction (EPC) order for Buildings and Factories Operating Company, part of the construction division of L&T.

L&T has a significant presence in Oman through L&T Oman LLC, a joint venture (JV) company of L&T and Zubair Corporation.

The consortium partner Galfar Engineering & Contracting is a major infrastructure company in Oman with a turnover of over $1 billion.

In Oman, Galfar employs over 27,000 employees and maintains a fleet of 7,577 plant equipment and vehicles. The company also has presence in India and had bagged a few road projects in north and western India.

L&T has experience of completing major airport projects like the Delhi International Airport (T3), the Bengaluru International Airport and the Hyderabad International Airport. It is currently executing the brownfield development of the Mumbai International Airport.

GMR, another Indian infrastructure major, is currently managing the Istanbul international airport. It has also bagged two international airport projects in Maldives.

 

Get Rediff News in your Inbox:
BS Reporter in Mumbai
 

Moneywiz Live!