Larsen & Tourbo Hydrocarbon Engineering (LTHE) on Thursday said it has bagged an order worth up to Rs 5,000 crore from state run Oil & Natural Gas Corporation (ONGC).
The contract is for their new living quarter (LQ) & revamp at ‘NQ Complex’ (NLRNC-RT2) Project.
However, the company has not provide the exact value of the contract, but as per its project classification, the value of a large order ranges between Rs 2,500 crore and Rs 5,000 crore. —MONEYCONTROL
About Company
The company is a a wholly-owned subsidiary of Larsen & Toubro.
It has comprehensive range of offerings include upstream, midstream and downstream segments supported by technologically advanced solutions at every phase of the project.
About Contact
The contract involves engineering, procurement, construction, iInstallation and commissioning of a new living quarter platform, ‘NQL Platform’ with 120 men capacity, bridge (with intermediate support) to existing ‘NQO Complex’ and major revamping / replacement of existing process systems / facilities at ‘NQ Complex’ in ONGC’s Mumbai High Asset on the West Coast of India.
Comment from L&T
Subramanian Sarma, MD & CEO, “We have been delivering several large and mega projects for ONGC over the past decade.
Our world-class fabrication facilities at Hazira (West Coast) and Kattupalli (East Coast) enable us to maximize the local content, entirely supporting the Government’s AatmaNirbhar Bharat Policy.”
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