L&T wins contract for its Hydrocarbon Business under AdVENT business vertical

The Hydrocarbon Business (L&T Energy Hydrocarbon - LTEH) of Larsen & Toubro (L&T) has secured a prestigious order under its AdVENT Business Vertical from a Government of India Undertaking with Navratna status and a leading fertilizers and chemicals manufacturing company in India.

The project involves the License, Engineering, Procurement, and Construction (L-EPC) of a 1,200 MTPD (DAP basis) NPK fertilizer plant along with associated utilities and off-site facilities for Rashtriya Chemicals and Fertilizers Limited (RCF) at their Thal unit in Raigad district, approximately 100 km from Mumbai.

Mr. Subramanian Sarma, Whole-Time Director and President (Energy), commented, "This order reaffirms L&T's dedication to supporting the Indian government's Atmanirbhar Bharat initiative, which aims to enhance the nation's self-reliance in fertilizers. We are committed to executing the L-EPC work within a strict timeline."

LTEH, organized under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), Asset Management (AM), and Offshore Wind verticals, provides integrated design-to-build solutions across the hydrocarbon sector for both domestic and international clients. With over three decades of experience, LTEH continues to set global benchmarks in project management, corporate governance, quality, HSE, and operational excellence.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3570.90 as compared to the previous close of Rs. 3531.15. The total number of shares traded during the day was 37587 in over 3759 trades.

The stock hit an intraday high of Rs. 3582.05 and intraday low of 3521.95. The net turnover during the day was Rs. 133806757.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT HydrocarbonBusiness OrderWin