Don’t miss the latest developments in business and finance.

L&T Hydrocarbon Engineering bags large contract from ONGC

Image
Capital Market
Last Updated : Jan 07 2021 | 11:31 AM IST

Valued between Rs 2500 cr to Rs 5000 cr

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured a Contract from Oil & Natural Gas Corporation (ONGC) for their new Living Quarter (LQ) Et Revamp at 'NQ Complex' (NLRNC-RT2) Project.

The EPCIC contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new living quarter platform, 'NQL Platform' of 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.

The above contract has been awarded through international competitive bidding on a Lump Sum Turnkey (LSTK) basis.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 07 2021 | 11:20 AM IST

Next Story