Larsen & Toubro bags significant offshore projects from overseas client

Larsen & Toubro (L&T) on Thursday said its hydrocarbon business has bagged two ‘significant’ offshore projects from an overseas client.

As per the company, a significant order is valued at Rs 1,000-2,500 crore.

The scope of work comprises engineering, procurement, construction, installation and commissioning for the expansion of a marine terminal and replacement of electrical switchgear and protection equipment at existing facilities.

“The hydrocarbon business of Larsen & Toubro has secured two offshore projects from a prestigious overseas client,” the company said in a statement.

L&T is currently executing several domestic and international offshore projects.