“L&T’s hydrocarbon division has bagged a major pipeline contract with a value close to Rs 1,700 crore from Kuwait Oil Company (KOC) for engineering , procurement and construction of new 48” crude transit line (TL-5) from North Kuwait to Ahmadi,” the company said in a press release.
The completion of the project is scheduled in the third quarter of 2020, it added.
L&T is trading close to its record high of Rs 1,262 touched on March 4, 2015 on BSE in intra-day trade.
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