Mumbai: The hydrocarbon business of Larsen & Toubro (L&T) has recently secured a Letter of Intent (LoI) for a ‘mega’ onshore project from a prestigious client in the Middle East, said the company in a statement on Wednesday. The scope of the work order involves engineering, procurement and construction of gas compression plants consisting of Gas Inlet Facilities, Gas Compression System, Produced Water Handling, Propane Refrigeration System, Condensate Transfer and Utilities for Gas Compression Facilities in new onshore facilities and its integration with existing gas compression plants. According to L&T’s categorisation, a mega order is worth more than Rs 7,000 crore.
To cater to the power supply requirements of the gas compression plants, three 230 kV Extra High voltage substations will be set up by the power transmission and distribution arm of L&T Construction.
Commenting on the development, L&T Chairman & Managing Director SN Subrahmanyan said, “One doesn’t get to win such an order every day. This is something unique for L&T and a matter of pride for India, for we are a true Indian multinational. This also shows our capabilities to perform and deliver on time and the enormous trust that our client has on us to manage such complex projects.”
Subramanian Sarma, whole-time Director and Senior Executive Vice President (Energy), said, “Earning such a large order from a reputed customer is a reflection of our consistent commitment to excellence, quality, and customer satisfaction. We are deeply honoured by customer faith and will continue to deliver execution par excellence.”
Organised under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, L&T’s hydrocarbon business offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, the company has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence, said the statement.
