New Delhi: Infrastructure major Larsen & Toubro Ltd (L&T) Monday said it has won a gas export pipeline contract from Kuwait Oil Company (KOC). The company said the order falls under "large" category that range between ₹2,500 crore and ₹5,000 crore as per its classification of contracts. "The new strategic gas export pipeline contract has been awarded through international competitive bidding on a Lump Sum Turn Key (LSTK) basis," L&T said in a regulatory filing. The company said the new export gas strategic pipeline and its associated facilities will run a span of around 145 km. Shares of the company were trading at ₹1,410.85 apiece, up 1.94 per cent, from the previous close on BSE.

Source: Mint April 01, 2019 06:45 UTC