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L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged an engineering, procurement and construction order from the Saudi Arabian Oil Company (Saudi Aramco).
While L&T did not disclose the order value, sources said it was about Rs 690 crore.
The order is for the construction of 55 km of 230kV double circuit overhead transmission line and underground cabling. This is to replace the existing 115kV electrical power supply system by a new 230kV power system at the Abu Ali Plants.
The project will be completed in 26 months.
S.N. Subrahmanyan, Senior Executive Vice-President, L&T said, “With significant growth potential in oil production in the Kingdom, the winning of this order not only comes at a most opportune time but is also strategic from the point of view of L&T’s capability to execute such projects in an extremely competitive environment. It is also a significant step forward in L&T’s expansion plans in to the international arena.”
shanker.s@thehindu.co.in
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