India’s top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries has secured multiple orders – valued in the range of Rs50 billion to Rs100 billion ($599 million to $1.2 billion) – from its prime GCC market including UAE, Oman and Kuwait.
Confirming the major orders, L&T said the big win for its Power Transmission & Distribution (PT&D) unit in these Gulf countries and India stands testimony to its dominant position in the region’s clean energy space.
In Kuwait, the PT&D business has secured an order to…