L&T bags Rs 311 cr contract from Qatar govt

MUMBAI: Larsen & Toubro has bagged an order valued at Rs 311 crore from the Qatar General Electricity and Water Corporation (KAHRAMAA) for the design, supply, installation and commissioning of 5 substations. The Package consists of 66/11 kV gas insulated switchgears, 11 kV metal clad air insulated switchgears 50/60MVA 66/11 kV transformers, substation control system, protection systems DC system and auxiliaries. All five substations will be completed in 27 months.

"KAHRAMAA is for the first time invited Non OEM EPC Contractors also to bid for the tender, enabling L&T to enter this market. The order has been secured against stiff competitor from many international players in the field." said KV Rangaswami, president and member of the board of L&T. Ar 3:03 pm, L&T shares were up 5.75 per cent at Rs 3,465 on BSE.