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Larsen & Toubro Ltd Industry :  Engineering - Turnkey Services
BSE Code
500510
ISIN Demat
INE018A01030
Book Value (Rs)
541.705214
NSE Symbol
LT
Divident Yield %
1.01
Market Cap
(Rs In Cr.)
518,712
P/E (TTM)
38.6
EPS (TTM)
97.67
Face Value
(Rs)
2
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L&T's Energy Hydrocarbon division bags 'ultra-mega' project in the Middle East
24-Aug-26   Hrs IST

The project involves the engineering, procurement and construction (EPC) of gas compression plants, comprising gas inlet facilities, gas compression systems, condensate and produced water handling systems, propane refrigeration systems and all associated utilities.

The facilities will be developed for new onshore installations to process sour gas in compliance with applicable client standards, codes and project requirements.

To meet the power requirements of the gas compression plants, L&T’s Power Transmission & Distribution business will execute two 230 kV extra-high-voltage substations.

LTEH Onshore is one of India’s largest EPC businesses, delivering comprehensive lump sum turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors.

With a strong execution track record across geographies, it has delivered refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals and cross country pipelines.

E S Sathyanarayanan, senior vice president & head of L&T Energy Hydrocarbon Onshore, said: “The contract marks the start of a strategically important project that will add significant gas compression capacity and utility infrastructure.

The project draws on our extensive experience in executing large and complex hydrocarbon facilities and reinforces our capability to deliver integrated solutions for challenging sour gas applications.”

As per the company's internal classification, the value of this contract is more than Rs 15,000 crore.

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services, operating across diverse domains and multiple geographies.

The scrip shed 0.08% to currently trade at Rs 4084.80 on the BSE today.

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