L&T Subsidiary Bags 'Significant' Orders Worth Up To Rs 2,000 Crore In India, Saudi Arabia
L&T Hydrocarbon Engineering Limited (LTHE), a wholly owned subsidiary of Larsen & Toubro, has bagged two 'significant' orders in the construction services segment – one each from GAIL India and Air Products Middle East Industrial Gases, the company said on Tuesday (21 September).
"The first order is for GAIL India’s Mumbai-Nagpur Pipeline under which the company will be responsible for laying steel gas pipeline (24 inch x 224 KM) – Section 1 of Part A and construction of terminals along with associated facilities", the company said in a statement.
The pipeline project, due to be laid alongside the upcoming Mumbai–Nagpur super communication expressway, has a schedule of 14 months.
"LTHE’s second order comes from Air Products Middle East Industrial Gases LLC for its Industrial Gas Hub (IGH) Network project at Jubail in Saudi Arabia," it added.
Under the contract, the company will construct steam methane reformer (SMR) to produce hydrogen, an air separation unit (ASU) to produce oxygen and nitrogen, and hydrogen pressure swing adsorption (PSA) units. The overall duration of the project is 22 months.
Though. the company has not revealed the exact value of the order, the contract falls under 'significant' category which ranges between Rs 1,000 crore to Rs 2,500 crore.
Both the contracts were secured by LTHE’s Construction Services Business which offers turnkey construction of refinery, petrochemical, chemical and fertilizer projects, gas, gathering stations and specialises in oil and gas terminals and field development including storage tanks and underground cavern storage systems for LPG, and cross-country hydrocarbon pipelines, it added.
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