Larsen & Toubro Bags Mega Project in Middle East
Larsen & Toubro's Hydrocarbon Business has received a Letter of Intent from a major Middle Eastern customer for a Mega onshore project. Engineering, procurement, and construction of Gas Compression Plants in new onshore facilities, including Gas Inlet Facilities, Gas Compression System, Produced Water Handling, Propane Refrigeration System, Condensate Transfer, and Utilities for Gas Compression Facilities, as well as integration with existing Gas Compression Plants, are part of the scope of work.
To cater to the power supply requirements of the Gas Compression Plants, 3 Nos of 230 kV Extra High voltage substations will be set up by the Power Transmission & Distribution arm of L&T Construction, as per equitybulls.
Commenting on this, L&T Chairman & Managing Director Mr S N 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."
Adding to this, Mr 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 honored by customer faith and will continue to deliver execution par excellence."
LTEH, organized into Offshore, Onshore, Construction Services, Modular Fabrication, and Advanced Value Engineering & Technology (AdVENT) sectors, provides complete design-to-build solutions to local and international clients in the petroleum industry. With more than three decades of expertise, the organization has set worldwide standards in project management, corporate governance, quality, HSE, and operational excellence.