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India's Bombay bourse-listed L&T wins EPC deal for UAE power project

A contracting unit of L&T has also announced a "mega contract" worth $981m for an unspecified "major airport"

L&T has secured major power project contracts in India and the Middle East.
© AFP Getty Images
L&T has secured major power project contracts in India and the Middle East.

The construction arm of India's Larsen & Toubro (L&T) has announced several engineering, procurement, and construction (EPC) order wins in its home country and the Middle East.

L&T's power transmission and distribution (PT&D) business secured a UAE government order for the construction, supply, installation, testing, and commissioning of a 132/11kV substation and associated works.

The unit also won an order for a 132kV cable circuit, as highlighted in a statement on the Bombay Stock Exchange (BSE), where the Indian engineering and contracting giant is listed.

In India, the business secured an order to convert overhead lines of a power distribution system to an underground cabling system in the cyclone-prone coastal town of Cuddalore, Tamil Nadu. Another transmission line package has also been received from Bihar State Power Transmission Company Limited, with the unit securing add-on orders from some of its existing transmission line projects as well.

READ: India's L&T wins power contracts in Saudi Arabia and Dubai

In a similar BSE filing on 18 February, L&T Construction revealed that is has also won a “mega contract for the design and build” on an unspecified “major airport”. The group classifies a mega project as valued at equal to or more than $980.7m (INR70bn).

The scope of work under the deal includes the design and EPC of a passenger terminal building and a new runway; the rehabilitation of a runway, taxiways and aprons; building a new elevated eastern cross taxiway, landside roads, utility infrastructure, and drainage; and modifications for the existing terminal.

L&T said the project will increase the airport's existing capacity to 40 million passengers a year.

The wins comes less than a month after Subsea 7 and L&T subsidiary, Larsen & Toubro Hydrocarbon Engineering, won an EPC and installation (EPCI) order from Saudi Arabia's state-owned oil giant Saudi Aramco.

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May 23, 2019