Larsen & Toubro (L&T) on Thursday announced that its Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH) has secured significant order from the Oil & Natural Gas Corporation (ONGC) for the MHN TCPP PGC BGC Project (MTPBP), off India’s West Coast.
The scope of work includes engineering, procurement, construction, installation, and commissioning of new Process Gas Compressor (PGC) modules at ONGC’s Mumbai High & Tapti offshore locations along with the upgrade of existing facilities to enhance production, the company said in a regulatory filing. “This order reflects customer faith in L&T’s capabilities and L&T’s steadfast commitment to support ONGC in securing India’s energy needs,” it added.
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.
Larsen & Toubro is a $23 billion Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.
