Tuesday, 15 July 2014

L&T bags Rs 5076 crore order from Kuwait; stock up 2%

Shares of infrastructure and engineering major L&T were up over 2 per cent in trade after its subsidiary L&T Hydrocarbons bagged Rs 5076 crore order from Kuwait Oil & Gas Company (KOC). 

L&T Hydrocarbon will execute a complete engineer-procure-construct contract for Gathering Centre of KOC. 

The scope of L&T's contract includes project management, detailed engineering, procurement, supply, construction, testing, mechanical complection  pre-commissioning and commissioning assistance including performance testing. 


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