India’s Kalpataru Signs $906.6 million Contract with Saudi Aramco
Kalpataru Projects International Limited (KPIL), formerly Kalpataru Power Transmission Limited, one of the largest Engineering, Procurement and Construction (EPC) companies listed in India, has announced that the Company has successfully signed three contracts for the three packages of the third expansion phase of the Master Gas System Network (MGS‐3) in Saudi Arabia with ARAMCO.
The value of the contract is approximately SAR 3.4 Billion.
The EPC scope covers laying of over 800 kms of lateral gas pipeline.
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. KPIL is delighted to be collaborating with Aramco towards supporting energy security and reliability.
