Larsen and Toubro (L&T) has bagged two projects worth Rs 1,195 crore from ONGC to set up additional processing units in its gas processing complexes at Hazira and Uran.
The additional processing units project at Uran complex shall enhance the gas processing capacity by 5 MMSCMD. new facilities to be setup include a gas sweetening unit, LPG recovery unit, condensate fractionation unit, condensate handling unit and other utilities.
The additional gas processing facilities project for Hazira complex is for augmenting the gas processing capacity by 5.6 MMSCMD. new facilities to be setup include a gas sweetening unit, gas dehydration unit and dew point depression unit and offsite and utilities.
Shares of L&T gained marginal ground on the Bombay Stock Exchange (BSE) to trade at Rs 1,873.80.