L&T Secures Major ONGC Project
POWER & RENEWABLE ENERGY

L&T Secures Major ONGC Project

Larsen & Toubro (L&T) recently announced that it had secured a significant order from Oil & Natural Gas Corporation (ONGC), a leading state-owned oil and gas company. According to L&T, contracts classified as 'significant orders' fall within the range of Rs 10-25 billion, indicating the substantial value of this project.

The order was awarded to the L&T Energy Hydrocarbon (LTEH) division, which specializes in hydrocarbon engineering and construction projects. In a filing submitted to the Bombay Stock Exchange (BSE), L&T provided details about the scope and scale of the project.

The specific project, known as the eighth phase of the Pipeline Replacement Project (PRPVIII Group B), is located off the west coast of India. The project involves extensive work, including engineering, procurement, construction (EPC), installation, and commissioning activities. One of the primary tasks is the installation of 129 kilometres of subsea pipelines. These pipelines are crucial for transporting oil and gas from offshore production facilities to onshore processing plants and refineries. In addition to laying new pipelines, the project also includes associated modification works, which may involve upgrading existing infrastructure to improve efficiency and safety.

This order underscores L&T's capabilities in executing large-scale, complex hydrocarbon projects and reflects ONGC's confidence in L&T's expertise. The successful completion of this project is expected to enhance the infrastructure for oil and gas transportation in the region, contributing to the energy sector's growth and stability.

Larsen & Toubro (L&T) recently announced that it had secured a significant order from Oil & Natural Gas Corporation (ONGC), a leading state-owned oil and gas company. According to L&T, contracts classified as 'significant orders' fall within the range of Rs 10-25 billion, indicating the substantial value of this project. The order was awarded to the L&T Energy Hydrocarbon (LTEH) division, which specializes in hydrocarbon engineering and construction projects. In a filing submitted to the Bombay Stock Exchange (BSE), L&T provided details about the scope and scale of the project. The specific project, known as the eighth phase of the Pipeline Replacement Project (PRPVIII Group B), is located off the west coast of India. The project involves extensive work, including engineering, procurement, construction (EPC), installation, and commissioning activities. One of the primary tasks is the installation of 129 kilometres of subsea pipelines. These pipelines are crucial for transporting oil and gas from offshore production facilities to onshore processing plants and refineries. In addition to laying new pipelines, the project also includes associated modification works, which may involve upgrading existing infrastructure to improve efficiency and safety. This order underscores L&T's capabilities in executing large-scale, complex hydrocarbon projects and reflects ONGC's confidence in L&T's expertise. The successful completion of this project is expected to enhance the infrastructure for oil and gas transportation in the region, contributing to the energy sector's growth and stability.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?