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L&T’s arm secures contracts across business segments

04 Apr 2019 Evaluate

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has won contracts of significant value across various business segments. The secured order is in the range of Rs 1000 to 2500 crore. The Modular Fabrication business of LTHE was awarded a contract for Process (PAU) and Piperack (PAR) modules for a process plant, which includes procurement, fabrication, pre-commissioning and load-out of the modules. The contract shall be executed from LTHE’s Modular Fabrication Facility (MFF) at Kattupalli near Chennai.

The business also secured orders for equipment fabrication for a refinery in Oman. The orders shall be executed from LTHE’s facility in Oman. The Construction services business of LTHE also secured an order for additional works for a refinery project in India. Organized under Offshore, Onshore, construction services, modular fabrication and engineering services verticals, LTHE’s Hydrocarbon business delivers ‘design to build’ engineering and construction solutions across the hydrocarbon spectrum.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Larsen & Toubro Share Price

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Company Name CMP
Larsen & Toubro 4056.15
Rail Vikas Nigam 300.40
NCC 167.30
KEC International 570.00
Kalpataru Projects 1261.65
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