Larsen & Toubro Ltd.

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Large Cap | Engineering - Construction
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L&T’s arm secures order worth Rs 1000 crore

Date: 02-07-2013

Larsen & Toubro’s (L&T) subsidiary, L&T Hydrocarbon has secured an order worth Rs 1000 crore to construct a paraxylene plant for a leading refinery in India. The company has signed a memorandum of understanding (MoU) to execute composite construction works, including civil, mechanical and erection and installation, for the project. The company will mobilize about 25,000 workmen and 600 staff for the project which will be executed over a period of 30 months.

L&T Hydrocarbon provides complete design-to-build engineering and construction solutions for the oil and gas sector. In-house expertise, extensive experience and collaborations with strategic business partners enable it to deliver end-to-end solutions for every phase of project - from front-end design engineering through fabrication, project management, procurement, construction and installation right up to commissioning.

Recently, L&T Construction secured new orders worth Rs 3057 crore across various business segments in June 2013. The company’s Building and Factories Business secured orders worth Rs 1808 crore for the construction of an office space, residential building and a hospital from customers across the country.