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22 March, 2018 00:07 IST
L&T Hydrocarbon Engineering wins orders worth in excess of Rs 16 bn
Source: IRIS | 14 Mar, 2018, 10.11AM
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L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Engineering and Construction major Larsen & Toubro, has won orders worth in excess of Rs 16 billion across various business segments.

The onshore projects business of LTHE (Q,N,C,F)* has secured a lump sum turnkey contract, from a leading Indian Client, for the design, supply, and construction of a large LNG Tank facility in the east coast of India. The business also secured additional work from existing projects under execution in Saudi Arabia & Kuwait.

The Construction Services business of LTHE also secured an additional order, from a prestigious client, for a new Coal Bed Methane facility being developed in the central region of India.

Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Engineering Services verticals, LTHE delivers 'design to build' engineering and construction solutions across the hydrocarbon spectrum.

Shares of the company gained Rs 3.85, or 0.3%, to trade at  Rs 1,306.00.  The total volume of shares traded  was  13,802 at the BSE (9.59 a.m., Wednesday).

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