Clarification13 Jan 2026, 02:40 pm
Larsen & Toubro Clarifies Non-Involvement in $8.7 Billion Kuwait Oil Project Tenders
AI Summary
Larsen & Toubro Ltd. has clarified that the oil project tenders worth $8.7 billion, which are reportedly being discussed for cancellation in Kuwait, are not part of the company's order book. The company cannot comment on the status of tenders or commercial decisions of its clients.
Key Highlights
- Larsen & Toubro clarifies it is not involved in $8.7 billion Kuwait oil project tenders
- Company cannot comment on the status of tenders or commercial decisions of its clients
- The clarification comes in response to a media report about possible cancellation of certain oil project tenders in Kuwait