Larsen & Toubro secures a significant project in the Middle East – EQ
In Short : Larsen & Toubro, a prominent engineering and construction company, has secured a significant project in the Middle East, marking a major achievement for the company. This mega project underscores L&T’s expertise and capabilities in the region, showcasing its ability to handle large-scale and complex ventures. The successful acquisition of this project strengthens L&T’s presence in the Middle East and highlights its position as a key player in the region’s construction and engineering industry.
In Detail : While L&T did not disclose the exact value of the contract, it counts an order as ‘mega’ when it is valued above Rs 7,000 crore.
Larsen & Toubro (L&T) on Wednesday said its hydrocarbon business has bagged a mega onshore project 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 above Rs 7,000 crore.
The scope of work involves engineering, procurement and construction of gas compression plants consisting of gas inlet facilities, compression system for gas compression facilities in new onshore facilities and its integration with existing plants, it said in a statement.
The project has been bagged by L&T Energy Hydrocarbon.
The company further said that in a bid 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.
