L&T's subsidiary Tamco Switchgear bags $ 85 million order
Larsen & Toubro (L&T) today said its Malaysian subsidiary Tamco Switchgear has bagged a $ 85 million contract.
Tamco will manufacture and supply 11kV vacuum circuit breakers (VCBs) over a two-year period to distribution stations across Qatar, the company said in a statement.
"We have had split orders for many projects in Qatar in the past. This complete order has come as a testimonial of customer's confidence in our medium voltage capability to meet the demands of large scale projects," Tamco Switchgear Chairman S C Bhargava said.
Tamco has supplied switchgear panels to many projects and national assets in Qatar including Lusail utility tunnels, Lekhwiya sports stadium, Khalifa stadium, Khalifa sports city ASEAN Games Village, Qatar Foundation and Doha west sewage water treatment plant, the release said.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.