Larsen & Toubro wins EPC contract in Saudi Arabia
Deal with Saudi Aramco to be complete in 26 months
Larsen & Toubro (L&T) has won an engineering, procurement and construction (EPC) contract from Saudi Aramco.
The aim of the project is to replace the existing electrical power supply system at the Abu Ali plants and overcome existing deficiencies to meet the future energy demand of the Berri oilfield.
"Power transmission and distribution business of L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged a major international EPC order in Saudi Arabia from Saudi Aramco," L&T said in a statement.
"This order has been secured for the construction of 55km of double circuit overhead transmission line and underground cabling," it added.
The work involves detailed designing, engineering, site investigation, survey, material procurement, transportation, installation, training and mechanical completion, to be completed in 26 months.
"With significant growth potential in oil production in Saudi Arabia, the winning of this order not only comes at a most opportune time but is also strategic from the point of view of L&T's capability to execute such projects in an extremely competitive environment," S.N. Subrahmanyan, board member and senior executive vice-president L&T, said.