Gulf Jyoti pens GCC grid deals worth $93.5mn

Indian contractor to build power transmission lines in the UAE and Oman.

Jyoti, News

Indian EPC contractor Gulf Jyoti International (GJI) has clocked up transmission line projects worth INR 5.82bn ($93.44mn) in the UAE and Oman.

Gulf Jyoti International (GJI), a joint venture of the company and Gulf Investment Corporation of Kuwait, won a INR 3.1bn ($49.77mn) order for a 400 kV transmission line project in Oman, the company announced to the Bombay Stock Exchange (BSE).

The same JV also bagged a INR 3.2bn ($51.37mn) order for a 400 kV transmission line from Dubai Electricity and Water Authority (DEWA).

The company also won orders worth INR 2.4bn ($38.53mn) for various projects for fabrication and supply of transmission line steel structures, the statement said.


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