L&T bags order in Middle East valued between Rs 10,000-15,000 cr – ET Infra


Larsen and Tourbo (L&T) on Monday said its hydrocarbon business has bagged a mega order from a client in the Middle East. While L&T did not disclose the exact value of the contract, it counts an order as “mega” when it is valued between Rs 10,000-15,000 crore.

“The hydrocarbon business (L&T Energy Hydrocarbon – LTEH) of L&T has received a Letter of Intent for mega offshore order from a prestigious client in the Middle East,” the company said in a filing to BSE.

The scope of work includes construction and installation of a new large offshore platform and brownfield work of integration with existing facilities. “This mega order from a new customer reaffirms global acknowledgment of our capabilities and marks a key milestone for our offshore business,” Subramanian Sarma, Whole-time Director and Senior Executive Vice President (Energy), L&T said.

  • Published On Nov 20, 2023 at 11:50 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Open chat
1
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666
Email: Info@vishwakarmaguru.com


Thanks!!