India's L&T reveals Kuwait win among $254m EPC contracts
L&T will build 22 substations in Kuwait for Public Authority for Housing Welfare
The power and distribution business of India-headquartered contractor Larsen & Toubro Construction (L&T) has received “major orders” to build 22 substations in Kuwait, each with a capacity of 132/11kV.
According to a statement by the Indian construction giant on Bombay Stock Exchange, the substations will serve the large housing projects being developed by Public Authority for Housing Welfare (PAHW) at South Al Mutala and South Abdullah Al-Mubarak.
L&T said Kuwait’s Ministry of Electricity and Water is the consultant for the project, adding that the wins are part of a larger pool of engineering, procurement, and construction (EPC) orders valued at $253.6m (INR18.81bn).
Domestic orders included one for the implementation of a high voltage distribution system in the semi-urban and rural areas of Kharagpur and Midnapur in India’s West Bengal.
“Additional orders have been received from ongoing transmission line projects in India and Egypt,” the group added.
The contract wins come three months after L&T announced that it had won a contract on a “tourism-related facility” in Oman’s capital city, at the time one of the $438.5m (INR30bn) deals that L&T’s construction arm won though its buildings and factories division.
The news comes amid a flurry of commercial and construction activity between India and the Middle East.
At Cityscape Global 2018, the two property event held in Dubai earlier this month, Indian investor Richard Menezes launched a $200m (AED734.6m) mixed-use project at four island mega development Al Marjan Island in Ras Al Khaimah.