Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3794.30
27.15 (0.72%)
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L&T emerges as lowest bidder for 2x660 MW plant EPC tender

Date: 29-08-2013

Engineering and construction giant, Larsen & Toubro (L&T) has emerged as lowest bidder for Rs 5000-5500 crore 2x660 MW Engineering, Procurement and Construction (EPC) tender. Earlier this month, the company won EPC worth Rs 1,500 crore from Petroleum Development Oman LLC (PDO). The contract was for the Yibal 3rd stage depletion compression (Y3DC) project at the Yibal-Natih gas reservoir in Oman and is scheduled to be completed in 39 months.

Larsen & Toubro is the biggest legacy of two Danish Engineers, who built a world-class organization that is professionally managed and a leader in India's engineering and construction industry.