L&T Wins Significant ONGC Pipeline Project
By Rediff Money Desk, New Delhi Jul 01, 2024 12:02
Larsen & Toubro (L&T) has secured a major contract from ONGC for the eighth phase of the Pipeline Replacement Project (PRPVIII Group B) off India's west coast.
New Delhi, Jul 1 (PTI) Larsen & Toubro (L&T) on Monday said it has bagged a 'significant order' from Oil & Natural Gas Corporation (ONGC).
The company classifies contracts worth Rs 1,000-2,500 crore as significant orders.
The project has been bagged by L&T Energy Hydrocarbon (LTEH) vertical of L&T, the company said in a filing to BSE.
"LTEH vertical of Larsen & Toubro has secured an order from ONGC for the eighth phase of Pipeline Replacement Project (PRPVIII Group B) off India's west coast," the filing said.
The order involves engineering, procurement, construction (EPC), installation and commissioning of 129-km subsea pipelines and associated modification works for the project.
L&T is a USD 27 billion Indian multinational enterprise engaged in EPC projects, hi-tech manufacturing and services operating across multiple geographies.
The company classifies contracts worth Rs 1,000-2,500 crore as significant orders.
The project has been bagged by L&T Energy Hydrocarbon (LTEH) vertical of L&T, the company said in a filing to BSE.
"LTEH vertical of Larsen & Toubro has secured an order from ONGC for the eighth phase of Pipeline Replacement Project (PRPVIII Group B) off India's west coast," the filing said.
The order involves engineering, procurement, construction (EPC), installation and commissioning of 129-km subsea pipelines and associated modification works for the project.
L&T is a USD 27 billion Indian multinational enterprise engaged in EPC projects, hi-tech manufacturing and services operating across multiple geographies.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.53 (+ 7.88)
- 187211161
- Srestha Finvest
- 0.58 ( -4.92)
- 80439964
- YES Bank Ltd.
- 20.15 (+ 4.89)
- 24729800
- GTL Infrastructure
- 2.07 (+ 2.48)
- 24413570
- Murae Organisor
- 2.42 (+ 10.00)
- 16402418
MORE NEWS
UK-India Healthcare Trade Mission: 13 British...
13 British healthcare companies participate in the 10th UK-India Healthcare Trade...
FinMin Advises Banks on Transparency in...
The Finance Ministry has issued an advisory to public sector banks to promote...
Mahindra Launches 2 New EVs: BE 6e & XEV 9e
Mahindra expands its EV portfolio with the launch of BE 6e and XEV 9e, offering long...