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    L&T unit awarded contract for Neom-Yanbu power transmission link project

    Indian engineering and construction conglomerate Larsen & Toubro (L&T) said its Power Transmission & Distribution Business has secured a major order from Saudi Arabia for the construction of a ±525kV high -voltage direct current (HVDC) transmission segment.

    Confirming the order, which is in the range of USD 122-305 mln, L&T said this link is part of a large capacity, voltage source converter (VSC)-based HVDC system that connects Neom Industrial City and Yanbu city in western Saudi Arabia.

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