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L&T bags 'significant' orders in Middle East

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NewsDrum Desk
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New Delhi, Feb 13 (PTI) Infrastructure major Larsen & Toubro (L&T) on Tuesday said that its hydrocarbon division has bagged "significant orders" from a client in the Middle East.

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The company did not disclose the order value. However, according to its classification, significant orders value in the range of Rs 1,000 crore to Rs 2,500 crore.

"The Hydrocarbon vertical, L&T Energy Hydrocarbon (LTEH) of Larsen & Toubro (L&T), has secured an onshore order and an offshore order from a prestigious client in the Middle East," the infrastructure major said in a stock exchange filing.

The scope of work for the onshore order comprises engineering, procurement and construction of an enclosed ground-flare system and demolition of existing facilities, reducing flame and smoke visibility to the nearby ongoing large-scale residential developments.

The offshore order involves mainly brownfield work including upgradation of shutdown systems in existing offshore platforms.

Larsen & Toubro is a USD 23 billion Indian multinational engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing, and services. PTI SID HVA

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