Sunday, March 5, 2017

L&T seals $175m Oman power grid station order

Larsen and Toubro (L&T), India's biggest engineering conglomerate, said its power transmission and distribution unit has won a $175 million contract for turnkey construction of the 400/132 kV Qabel Grid Station and associated works in Oman, thus consolidating its position in the country's substation segment of highest voltage level.

Oman Electricity Transmission Company (OETC), a subsidiary of Nama Group, which owns and operates the nation’s main interconnected system (MIS), had awarded the contract.

Besides this, L&T said its power transmission and distribution business had secured two more key orders in the UAE for design, supply, construction and commissioning of five 132 kV substations.

On the domestic front, the business has won a major contract from West Bengal for strengthening the sub-transmission and distribution network in the urban area of Nadia district besides an engineering, procurement and construction order worth ₹360 crore from Rajasthan for the execution of a sewerage project with treatment facilities spread across three towns namely Bharatpur, Gangapur and Hindaun.

The business has also secured an order worth ₹320 crore to construct commercial and residential towers in Mumbai, it added.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with $16 billion in revenue.-TradeArabia News Service

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