NEW DELHI, July 1
Larsen and Toubro (L&T) on Monday announced that its Energy Hydrocarbon (LTEH) vertical has secured a significant order from the Oil & Natural Gas Corporation (ONGC) for the eighth phase of Pipeline Replacement Project (PRPVIII Group B) off India’s west coast.
The order, it added, involves engineering, procurement, construction, installation & commissioning (EPCIC) of 129-km subsea pipelines and associated modification works across India’s west coast offshore fields of the ONGC.
Subramanian Sarma, Whole-time Director & President – Energy, L&T, said, “This order reflects ONGC’s continued confidence in L&T, and this emanates from our track record of successfully delivering complex offshore projects.
This order further demonstrates L&T’s unwavering commitment to India’s energy requirement.” 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.
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.
