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Larsen & Toubro (L&T) has secured a $1.5 billion mega contract from Saudi Aramco, reinforcing its strong presence in the Middle Eastโs energy sector. The deal involves large-scale engineering, procurement, and construction (EPC) work, likely supporting Saudi Arabiaโs Vision 2030 initiative. L&T has a history of executing major projects for Aramco, and this contract further cements its role in the regionโs infrastructure growth. The project underscores Aramcoโs commitment to expanding its energy capabilities while leveraging L&Tโs expertise in complex EPC developments.
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World's Richest Company Saudi Aramco is the richest company on Earth, built on the worldโs most valuable resourceโoil. With daily revenues in the hundreds of millions and reserves that can fuel the world for decades, this state-owned oil giant is th
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Saudi Arabiaโs First Net-Zero AI Factory is Coming! NEOM & DataVolt are teaming up to build the regionโs first sustainable AI factory in Oxagon, powered by 100% renewable energy! With a $5B investment, this 1.5GW green AI hub will redefine sustain
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In a major boost to Amaravatiโs development, Larsen & Toubro (L&T) has secured the contract to construct the iconic Andhra Pradesh Assembly building. Meanwhile, NCC Limited has been awarded the project to build the new High Court building in the capi
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L&T Faces โน70,000 Cr Setback Amid CEOโs 90-Hour Workweek Controversy! Larsen & Toubro (L&T) has suffered a major blow as the Defence Ministry rejected its bid to build six submarines, citing non-compliance. This decision cost the company a massive โน
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Chinaโs BYD Energy Storage has signed a deal with Saudi Electricity Company (SEC) for the worldโs largest grid-scale energy storage project. The 12.5 GWh project, combined with a previously delivered 2.6 GWh system, brings the total capacity to 15.1
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Gensol is facing additional challenges as its lenders, Power Finance Corporation (PFC) and the Indian Renewable Energy Development Agency (IREDA), are reportedly preparing to initiate legal proceedings to recover outstanding loans from the EPC compan
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Skill problem ๐ in India Multinational conglomerate Larsen & Toubro (L&T) is experiencing a "severe" shortage of skilled labour across various projects, attributed to factors such as extreme weather conditions and disruptions caused by elections,
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