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Oman awards Saudi, Indian firms $83m contracts

Muscat, August 30, 2010

Oman has awarded Saudi National Contracting Co and India's Larsen & Toubro two separate contracts worth 32.1 million rials ($83.4 million) to build power transmission units, a government statement said.

Saudi National Contracting won a contract for installing interconnecting transmission units for 21.5 million rials, while Larsen & Toubro will build a power grid station for 10.6 million rials, a statement from state-run Oman Electricity Transmission Company (OETC), said on Monday.

Both contracts pave the way for the construction of the first phase of the 2,000 megawatt power plant planned to be built in the eastern resort of Sur.

Oman is expected to invite tender for the Sur plant, expected to be the biggest, early next year.

Sur is home to two LNG plants with a combined production of nearly 10 million tons per year. - Reuters




Tags: Oman | L&T | power transmission | Saudi National Contracting |

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