Larsen and Toubro (L&T) announced that its Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) has secured a prestigious order under its AdVENT Business Vertical from a Government of India Undertaking with Navratna status and a leading fertilizers and chemicals manufacturing company in India.
The project involves the License, Engineering, Procurement, and Construction (L-EPC) of a 1,200 MTPD (DAP basis) NPK fertilizer plant along with associated utilities and off-site facilities for Rashtriya Chemicals and Fertilizers Limited (RCF) at their Thal unit in Raigad district, approximately 100 km from Mumbai.
Subramanian Sarma, Whole-Time Director and President (Energy), said, “This order reaffirms L&T’s dedication to supporting the Indian government’s Atmanirbhar Bharat initiative, which aims to enhance the nation’s self-reliance in fertilizers. We are committed to executing the L-EPC work within a strict timeline.”
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LTEH, organized under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), Asset Management (AM), and Offshore Wind verticals, provides integrated design-to-build solutions across the hydrocarbon sector for both domestic and international clients.
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.
From: financialexpress
Financial News
