Likhitha Infrastructure wins multiple pipeline orders worth Rs 225cr
Likhitha Infrastructure Limited, a Hyderabad-based oil and natural gas company, has revealed winning multiple pipeline orders recently that are worth more than INR 225 crores.
The publicly-listed company has won an order worth INR 145.86 crores from Indradhanush Gas Grid Limited (IGGL). Under this order, Likhitha Infrastructure will be responsible for laying and constructing a steel gas pipeline and terminals as well as associated facilities for section 5 and 9 of the North-East Gas Grid Project (NEGG Project).
Likhitha Infrastructure has also secured various orders worth around INR 80 crores from oil and gas distribution companies from June 2021 onwards for carrying out city gas distribution pipeline and related works.
The value of total outstanding order book for the midstream infrastructure company as of 31 August 2021 is around INR 1,020 crores.
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