Thursday, August 27, 2015

L&T bags Rs. 864-cr order from Qatar firm.

Larsen & Toubro recently said that the power transmission and distribution business of L&T Construction has bagged an order worth Rs. 864 crore from Qatar General Electricity and Water Corporation 'KAHRAMAA'.

"The power transmission and distribution business of L&T Construction has won a prestigious order in the Middle East from Qatar General Electricity and Water Corporation �KAHRAMAA� worth QAR (Qatari Riyal) 491.45 million (Rs 864 crore)," Larsen & Toubro said in a BSE filing.

The company further said the order is for ongoing Qatar Electricity Transmission network expansion plan - phase XII.

"The order encompasses engineering, procurement, and construction of two substation packages. The first substation package includes upgradation and strengthening of two 400kV substations and the extension of a 132kV substation, while the second package is for construction of 4 new 66kV substations," it added.

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