QatarEnergy has awarded Indian conglomerate Larsen & Toubro (L&T) its largest-ever contract. The Mumbai firm will construct two offshore compression complexes about 80km off the coast of Qatar for a worth of $1.8bn.
L&T will design, fabricate and set up the platforms, in addition to their energy provides and equipment. It can additionally construct dwelling quarters for the engineers who will run the compressor.
SN Subrahmanyan, the chair of L&T, mentioned in a press assertion that the “ultra-mega” deal was a “landmark achievement” that may strengthen the corporate’s vitality portfolio and help Qatar’s financial system. “We stay up for setting new benchmarks in mission execution that may reinforce Qatar’s place as a world LNG chief,” he mentioned.
L&T’s worldwide orders now account for greater than half of labor gained within the final quarter of 2024, and make up 42% of its pipeline.
Yesterday, the corporate introduced that it had additionally gained an order to put in up a 765kV substation in western India and one other order for the turnkey development of a transmission line in the identical area.
As well as, it gained an order for 2 130km transmission traces to provide the Saudi Arabian capital of Riyadh.
The corporate famous that the orders confirmed its “continued momentum” within the electrical energy grid sector.
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