L&T wins Rs 1450 cr GSPC contract for offshore process platform in KG Basin

19 May 2011

L&T has won a prestigious offshore process platform contract from Gujarat State Petroleum Corporation (GSPC) valued at Rs.1450 crore (US $ 317.5 million). GSPC awarded this offshore process cum living quarters platform project to L&T under international competitive bidding to meet its challenging target of production of hydrocarbon by July, 2013 from KG Basin, off the East Coast of India.

This order is a second contract received by L&T from GSPC. Last year L&T received GSPC’s first offshore wellhead platform contract for the development of Deen Dayal West Field in KG Basin.crackcrack

Related Larsen & Toubro Ltd. Links:

Larsen & Toubro Share Price

1462.10 -34.60 (-2.31%) Mar 04, 18:59
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1462.10
Rail Vikas Nigam 32.30
KEC International 473.15
NCC 92.60
PNC Infratech 267.75
View more..
Sensex vs Larsen & Toubro
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback