L&T secures substantial offshore contract from ONGC

14 Jun 2024 CW Team

Engineering and construction conglomerate Larsen & Toubro (L&T) announced on Thursday that it has secured a significant order from the state-owned Oil and Natural Gas Corporation (ONGC). This order, classified as 'large' by L&T, indicates a contract value between Rs 25 billion and Rs 50 billion, highlighting the substantial scale and importance of the project.

L&T explained that its Hydrocarbon vertical, known as L&T Energy, has been awarded this order for the Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP). This project is situated off the west coast of India, a strategic location for oil and natural gas extraction.

The Daman Upside Development Project involves the construction and installation of wellhead platforms and associated pipelines, which are crucial components for the efficient extraction and transport of hydrocarbons. This development is expected to bolster ONGC's production capabilities and contribute significantly to India's energy sector.

L&T's successful acquisition of this order underscores its robust capabilities in executing large-scale engineering and construction projects, particularly in the energy sector. The company's extensive experience and technical expertise position it as a key player in supporting India's infrastructure and energy development goals.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..