Comments
Larsen & Toubro today 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.
Shares of L&T were trading at Rs 1,635.40 apiece, up 0.6 per cent, from their previous close on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.