Larsen & Toubro's Hydrocarbon Vertical Secures Large Project from IndianOil Adani Ventures Ltd

The Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has recently secured a large onshore project from IndianOil Adani Ventures Limited.

The scope of work includes engineering, procurement, construction, and commissioning of Offsite Tankages, Bullets and other associated facilities on Lump Sum Turnkey basis.

According to the company’s classification of projects, the value of the order is between ₹ 2,500 to ₹ 5,000 crore.

LTEH is executing four prestigious projects under IOCL’s P-25 expansion programme. The earlier awarded projects under program-25 include Residue Hydro Cracker Unit (RHCU), Diesel Hydrotreater (DHDT) and Reactor Regenerator Package (RR).

Organised under Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), and Offshore Wind Farm Business Groups, LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers. With over three decades of rich experience, LTEH has been setting global benchmarks in all aspects of project management, corporate governance, quality, health safety environment (HSE) and operational excellence.

Incorporated in 1996, IndianOil Adani Ventures (formerly known as Indian Oiltanking) is an unlisted public company headquartered in Vikhroli (Mumbai). It is a midstream infrastructure service and solution provider to the Oil, Gas, and Chemical Industries with domain expertise in Terminalling Services and, Renewable Energy in India and Build Capabilities globally.

Earlier in last month, the Buildings & Factories (B&F) business of Larsen & Toubro (L&T) Construction has secured an order from HITES (A Mini Ratna PSU), under the Ministry of Health and Family Welfare (MoHFW), to construct a new AIIMS at Rewari (Haryana) on a Design, Engineering, Procurement and Construction (EPC) basis in Q3 FY’24.

In November last year, L&T Construction secured a prestigious project from the GMR Visakhapatnam International Airport Limited for the Engineering, Procurement and Construction of the greenfield Bhogapuram International Airport at Bhogapuram, Andhra Pradesh.

Larsen & Toubro is a USD 23 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

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