Deals20 May 2024, 08:45 pm
Kalpataru Projects International Ltd Secures Three Contracts Worth SAR 3.4 Billion from ARAMCO for MGS-3 Project
AI Summary
Kalpataru Projects International Ltd has announced that it has successfully signed three contracts with ARAMCO for the third expansion phase of the Master Gas System Network (MGS-3) in Saudi Arabia. The total contract value is estimated to be around SAR 3.4 Billion, which is approximately equivalent to INR 7550 Crores.
Key Highlights
- Kalpataru Projects International Ltd signs contracts for the third expansion phase of MGS-3
- ARAMCO is the client and the projects are based in Saudi Arabia
- Total contract value is estimated to be around SAR 3.4 Billion (INR 7550 Crores)
- The deals were signed on May 19, 2024
- Company received confirmation on May 19, 2024, at around 3:29 PM IST