2020 CW Power 100: L&T's SN Subrahmanyan secures 13
L&T has secured a huge amount of construction contracts over the past 12 months
Mumbai-based infrastructure and technology conglomerate Larsen & Toubro (L&T), led by the CEO and managing director SN Subrahmanyan, has been commended for its efforts this year in securing a huge number of construction contracts across the GCC and North Africa.
Among the projects that L&T is working on is a joint venture with Power China International for Package A of Stage 2 of the UAE’s national railway network, Etihad Rail.
The firms will construct freight facilities for the railway network which will be carried out at a total cost of $509.1m (AED1.87bn).
L&T was also among the number of contractors to be working with Saudi Aramco as part of its 34 contracts valued at $18bn (SAR67.5bn) awarded for the oil giant’s Marjan and Berri oil field increment programmes.
Outside of the UAE and Saudi Arabia, L&T also won the main contract to build the Mandarin Oriental Muscat, while Kuwait National Petroleum Corporation (KNPC), the national oil refining company of Kuwait, awarded a contract to L&T to replace a number of substations at Kuwait’s Al-Ahmadi oil refinery.
To view the full 2020 Construction Week Power 100 ranking, click here.