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L&T bags Rs 2,935 crore order from Qatar

Wednesday, 18 December 2013

Infrastructure firm Larsen & Toubro today said its power transmission vertical has bagged a Rs 2,935 crore order or setting up transmission and distribution network in Qatar.

"Power transmission and distribution business of L&T has secured an EPC (engineering, procurement and construction) order valued at Rs 2,935 crore from Qatar General Electricity and Water Corporation for supply and commissioning of transmission lines and substations," the company said in a statement.

The order is part of expansion of the Qatar Power Transmission System.

This order aligns well with L&T's expansion plans in the international arena," S N Subrahmanyan, Senior Executive Vice President (Infrastructure & Construction) L&T, said in the statement.

The scope of work for the company includes supply, erection, testing and commissioning of switch gears, power transformers and auxiliaries, the statement said.

The project, which is spread across prominent locations in Qatar, is scheduled to be completed in 22 months.

These substations are being built to augment the existing power system network to cater to growing infrastructure facilities.

L&T, shares were trading at Rs 1089.95, up 2.50 per cent on the BSE.


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