L&T Secures Large Order from Petronet LNG for Hydrocarbon Project
Filing Summary
Larsen & Toubro Limited (L&T) has secured a large order from Petronet LNG for its Hydrocarbon Onshore business. The project involves engineering, procurement, construction, and commissioning of LNG and Propane storage tanks at the Dahej Petrochemical Complex in Gujarat. The order is classified as large, valued between INR 2500 crore and INR 5000 crore. This project is part of India’s first petrochemical complex integrating LNG cold energy and aligns with the Aatmanirbhar Bharat initiative. L&T Onshore is responsible for delivering the project on a Lump Sum Turnkey basis.
Larsen & Toubro Limited (L&T) has announced that its Hydrocarbon Onshore business has secured a large order from Petronet LNG. The order, classified as large, falls within the value range of INR 2500 crore to INR 5000 crore. The project will be executed at the Dahej Petrochemical Complex in Gujarat.
The scope of the project includes the engineering, procurement, construction, and commissioning of a Liquefied Natural Gas (LNG) and Ethane double-wall storage tank with a capacity of 170,000 cubic metres, and a Propane double-wall storage tank with a capacity of 140,000 cubic metres. Additionally, the project encompasses Ethane and Propane handling and dispatch facilities to support the Propane Dehydrogenation and Polypropylene plant.
This project is part of India’s first petrochemical complex that integrates cold energy utilisation from an LNG terminal. It is aligned with the Government of India’s Aatmanirbhar Bharat initiative, which focuses on strengthening indigenous petrochemical manufacturing capacity. The project will be delivered entirely on a Lump Sum Turnkey basis.
Petronet LNG is a joint venture promoted by four leading Public Sector Undertakings (PSUs) in India: Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL), GAIL (India), and Bharat Petroleum Corporation (BPCL). The company is involved in the import and regasification of LNG, playing a crucial role in meeting the country’s energy requirements.
Larsen & Toubro is a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. The company has a strong customer-focused approach and a constant quest for top-class quality, enabling it to sustain leadership in its major lines of business for eight decades.