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L&T Wins (Significant*) Prestigious Contracts

  • 10 February 2022

Mumbai: The Hydrocarbon business of Larsen & Toubro (L&T), has secured two offshore projects from a prestigious overseas client.Ìý

The scope of work comprises Engineering, Procurement, Construction, Installation and Commissioning for the expansion of a marine terminal and replacement of electrical switchgear and protection equipment at existing facilities.Ìý

L&T is currently executing several domestic and international offshore projects. The company is also committed to building its regional presence in geographies that it operates by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload.Ìý

The Hydrocarbon business organized under Offshore, Onshore, Construction Services, Modular Fabrication and Advanced Value Engineering & Technology (AdVENT) verticals, offers integrated design-to-build solutions to domestic and international customers. With over three decades of rich experience, the business has been setting global benchmarks in all aspects of project management, corporate governance, quality, HSE and operational excellence.

Background:

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing andÌýServices. It operates in over 50 countries worldwide. A strong, customer–focused approach and theÌýconstant quest for top-class quality have enabled L&T to attain and sustain leadership in its majorÌýlines of business for eight decades.

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*Project Classification

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Project Classification Significant Large Major Mega
Value in ₹ Cr 1,000 to 2,500 2,500 to 5,000 5,000 to 7,000 >7,000
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