MoneyWorks4Me

L&T’s arm wins orders worth in excess of Rs 1600 crore

14 Mar 2018 Evaluate

Larsen & Toubro’s (L&T’s) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) -- has won orders worth in excess of Rs 1600 crore across various business segments.

LTHE’s Onshore Projects business has secured a lump sum turnkey contract, from a leading Indian Client, for the design, supply, and construction of a large Liquefied natural gas (LNG) Tank facility in the east coast of India. The business also secured additional work from existing projects under execution in Saudi Arabia & Kuwait.

The Construction Services business of LTHE has secured an additional order, from a prestigious client, for a new Coal Bed Methane facility being developed in the central region of India.

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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