L&T Bags Rs.1366 Cr Electrical Orders from Gulf
OREANDA-NEWS. June 21, 2011. The Power Transmission & Distribution IC, part of Larsen & Toubro's Construction Division has bagged major EPC orders from GCC countries aggregating to Rs.1366 crore. The order includes construction of
Larsen & Toubro Saudi Arabia LLC a fully owned subsidiary of L&T has bagged one of the largest orders valued at Rs.597 crore (USD 132.7 Mn/ SAR 497.5 Mn) for construction of the
The company also bagged two EPC orders aggregating Rs.497 crore from UAE. The first from Abu Dhabi Ports Company (ADPC), valued at Rs.422 crore (USD 93.7 Mn/AED 344.4 Mn) is for the construction of 5 medium voltage substations and associated 33kV cabling works for ADPC's Khalifa Port & Industrial Zone (KPIZ) Project. This is to be completed in 18 months.
ADPC is responsible for development of Khalifa Port Project and this will replace the existing Mina Zayed port by 2012. International Bechtel Co Ltd is the Project Management Consultants for this project. L&T is actively involved in the execution of three substations including
In yet another development, L&T has secured a breakthrough order valued at Rs.185 crore (USD 41 Mn/ QAR 149.5 Mn) from Qatar General Electricity & Water Corporation (KAHRAMAA) for engineering, supply, installation, testing and commissioning of
In addition, L&T (Oman) LLC - a JV company of L&T in Muscat Oman has secured a Rs.87 crore (USD 19.3 Mn/ OMR 7.4 Mn) order for the construction of 3 MV Substations including the associated 33 kV Cabling works from Muscat Electricity Distribution Company (MEDC), to be completed in 9 months.
These new orders further reinforce L&T's operational competency and customer goodwill garnered in GCC Countries.
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