Larsen & Toubro Ltd.

Engineering and construction major Larsen & Toubro has received an order worth Rs 1,060 crore from Gujarat State Petroleum Corporation (GSPC) to build an offshore oil platform. It has secured the project in order to accelerate production of first 'oil/gas' by 2012 from its technically challenging KG Basin, off the east coast of India. It would be responsible for survey, engineering and installation of the wellhead platform. Upon final commissioning, the facility would add about 6 million standard cubic metres of gas per day to India's energy production.