Larsen & Toubro wins big gas pipeline project in Middle East

Larsen and Toubro (L&T), a domestic company, announced that it had secured a significant order for a gas pipeline project in the Middle East region. The company stated that the project entails the Engineering, Procurement, and Construction (EPC) of two new pipelines and associated work alongside the existing pipeline corridor. The company's hydrocarbon division, L&T Energy Hydrocarbon - LTEH, confirmed the reception of the major onshore gas pipeline project. According to Subramanian Sarma, who holds the position of Whole-time Director & Senior Executive Vice President (Energy) at L&T, he expressed that they were pleased to have been awarded the largest cross-country pipeline EPC project to date. He added that they were eager to contribute their expertise to this important project. Although the company refrained from disclosing the financial specifics of the project, it categorised the order as significant, falling within the range of Rs 50 billion to Rs 100 billion. L&T, a $23 billion Indian multinational enterprise, is involved in EPC Projects, high-tech manufacturing, and services.