L&T secures OETC contract worth $72mn
Contract involves the construction of two 132/33kV grid stations in Amerat and Mabella-2
L&T (Oman) LLC, a subsidiary of Indian engineering giant Larsen & Toubro Ltd, has secured an order worth $72mn from Oman Electricity Transmission Co (OETC).
“This is an engineering, procurement and construction (EPC) contract,” said Surendhra Babu, chief executive of L&T (Oman), adding the contract involves the construction of two 132/33kV grid stations in Amerat and Mabella-2, along with the installation of 132kV overhead lines and cables in Muscat governorate.
The company estimates the project will be completed in 20 months.
“We have landed an electrical job after a long time. We are also trying to get more such projects in Oman which are in the tendering process. There are projects in the infrastructure sector and we will be bidding for more contracts,” Babu added.
L&T Oman was the second lowest bidder for the OETC contract, while Bahwan Engineering Co had submitted the lowest bid.
Galfar Engineering and Contracting Co, Saudi National Contracting Co, Al Hassan Engineering Co, Oman National Engineering and Investment Co, Global Chemicals and Maintenance Systems LLC, Modern Light Trading and Contracting Co, Rukun al Yaqeen International, and Al Sharikat Faniya Omania LLC were the other bidding firms.
In the last few months, OETC floated tenders for the construction of new grid stations in Ibra, Izki, Misfah and Al Dreez.