L&T wins offshore order for hydrocarbon business

The Hydrocarbon vertical (L&T Energy Hydrocarbon - LTEH) of Larsen & Toubro (L&T) has secured an order from the Oil & Natural Gas Corporation (ONGC) for the MHN TCPP PGC BGC Project (MTPBP), off India's West Coast.

The scope of work includes engineering, procurement, construction, installation, and commissioning of new Process Gas Compressor (PGC) modules at ONGC's Mumbai High & Tapti offshore locations along with the upgrade of existing facilities to enhance production.

This order reflects customer faith in L&T's capabilities and L&T's steadfast commitment to support ONGC in securing India's energy needs.

Organised under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT) and Offshore Wind Farm Business Groups, LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, LTEH has been setting global benchmarks in all aspects of project management, corporate governance, quality, health safety environment (HSE) and operational excellence.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3676.70 as compared to the previous close of Rs. 3643.65. The total number of shares traded during the day was 171034 in over 13183 trades.

The stock hit an intraday high of Rs. 3705.00 and intraday low of 3643.05. The net turnover during the day was Rs. 629137056.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin HydrocarbonBusiness ONGC