Kalpataru Projects edges higher after receiving LoI from Saudi's energy major Aramco
Mumbai, March 5 -- The EPC work pertains to three packages that are a part of the third expansion phase of the MGS-3 project. The EPC scope covers laying of over 800 kms of lateral gas pipeline. The exact contract value of the three packages will be confirmed upon contract execution.
The MGS-3 aims to expand the existing gas network in order to provide gas supply to various industrial consumers in the region. This expansion of the gas network is expected to enhance the ability to meet the growing energy demand in Saudi Arabia and replace liquid fuel burning, contributing to Saudi Arabia's drive towards a diverse energy mix.
Manish Mohnot, MD & CEO, said: "We are delighted and truly proud to be entrusted by Aramco to undertake EPC work f...
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