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L&T construction secures GCC orders worth $198m

Contracts focus on EPC work in Saudi Arabia and Oman

L&T won contracts in KSA and Oman between May and June 2015.
L&T won contracts in KSA and Oman between May and June 2015.

The construction arm of Indian infrastructure giant Larsen & Toubro (L&T) announced it won GCC orders worth $358m across various business segments in May and June 2015.

Larsen & Toubro Saudi Arabia, a fully owned subsidiary of L&T, bagged a contract from National Grid Saudi Arabia (a subsidiary of Saudi Electricity Company) for engineering, procurement and construction works (EPC), including 132 kV cabling work in Hail city; and, a 132 kV double circuit transmission line in Turaif, Qaseem and Hail areas of Saudi Arabia, according to a report by Indian finance research firm, Equity Bulls

L&T's Oman subsidiary received an order from Oman Electricity Transmission Company for EPC works on a new 132/33 kV Salalah Free Zone-2 grid station.

The company's heavy civil infrastructure arm also won orders worth $160m in the duration. 

 

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Construction Week - Issue 747
Aug 03, 2019