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L&T bags gas export pipeline contract from Kuwait Oil Company, stock gains

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

Press Trust of India  |  New Delhi 

The company is also working on high-value digital deals such as a project to digitise parent L&T's construction vertical ‘at the core'
Shares of the company were trading at Rs 1,410.85 apiece, up 1.94 per cent, from the previous close on BSE

Infrastructure Ltd (L&T) Monday said it has won a from (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 has been awarded through international competitive bidding on a Lump Sum Turn Key (LSTK) basis," said in a regulatory filing.

The company said the new 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.

First Published: Mon, April 01 2019. 11:25 IST
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