Infrastructure major Larsen & Toubro Ltd (L&T) Monday said it has won a gas export pipeline contract from Kuwait Oil Company (KOC). The company said the order falls under "large" category that range between Rs 2,500 crore and Rs 5,000 crore as per its classification of contracts. "The new strategic gas export pipeline contract has been awarded through international competitive bidding on a Lump Sum Turn Key (LSTK) basis," L&T said in a regulatory filing. The company said the new export gas strategic pipeline and its associated facilities will run a span of around 145 km. Shares of the company were trading at Rs 1,410.85 apiece, up 1.94 per cent, from the previous close on BSE.
from Latest News https://ift.tt/2FFJwrR
https://ift.tt/eA8V8J https://ift.tt/2LUVdkd
Home
Business
Business News
Business Standard
Latest News
L&T bags gas export pipeline contract from Kuwait Oil Company, stock gains
Monday, April 1, 2019
Related Posts:
Market Ahead, March 2: Top factors that could guide markets this weekIn the primary market, the initial public offer of SBI Cards and Payme… Read More
Top 10 biz headlines: Markets on edge, auto sale, YES Bank, and moreFrom markets feeling the pinch of coronavirus to declining auto sales,… Read More
MARKET LIVE: SGX Nifty indicates a green start for benchmark indicesCatch all the live market updates here from Latest News https://ift.t… Read More
Priti Patel a 'fantastic' home secretary, says PM Johnson amid bullying rowPM Johnson also expressed his "admiration" for the country's civil ser… Read More
0 comments: