L&T wins orders from Vedanta for its hydrocarbon business

The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of L&T has secured two prestigious orders for its Asset Management and AdVENT business verticals. Larsen & Toubro Energy Hydrocarbon - Asset Management (LTEH-AM), a new business vertical for Operations and Maintenance (O&M) and associated services in the global market, has secured its first integrated O&M contract from Vedanta, Cairn Oil & Gas division. This 5-year contract is for Integrated O&M of Upstream Oil & Gas Processing Facility at Raageshwari Gas Terminal and associated Gas Well Pads and South Satellite Fields, located in Rajasthan, India. Further, the AdVENT business vertical has received an order for Engineering, Procurement and Construction (EPC) of a Hydrogen Generation Unit (HGU) from Matheson Tri Gas, Inc. (Matheson), a subsidiary of Nippon Sanso Holdings Corporation (NSHD). Matheson’s Global HYCO business group secured the order for this HGU from Numaligarh refinery in Assam, on a “Build – Own – Operate (BOO)” basis for 20 years with Topsoe, Denmark as the overall process licensor for the unit. The HGU with a capacity of 95 KTPA (132 kNm3/hr), is an integral part of the Numaligarh Refinery Expansion Project (NREP), to expand the current refining capacity from 3 to 9 MMTPA. The EPC work of the project will be executed by L&T, under a stringent timeline of 30 months. “These orders reaffirm L&T’s execution prowess across the hydrocarbon value chain and leadership as a one-stop solution provider which is translating into growing partnerships with global oil & gas majors. These will go a long way in growing the Indian energy sector and reduce our dependence on imports” said Mr Subramanian Sarma, Whole-time Director & Sr. Executive Vice President (Energy) – L&T. Also Read ONGC to drill seven development wells in Bengal NTPC crosses 1 GW annual capacity mark in RE segment