The hydrocarbon unit of L&T has secured two orders for its asset management and AdVENT business verticals.
L&T Hydrocarbon, Asset Management (LTEH-AM), a new business vertical for Operations and Maintenance (O&M) and associated services in the global market, has secured its first integrated O&M contract from Vedanta Ltd, Cairn Oil & Gas division. This 5-year contract is for Integrated O&M of Upstream oil and gas processing facility at Raageshwari Gas Terminal and associated gas well pads and south satellite fields, located in Rajasthan, India.
Also, the AdVENT business vertical has received an EPC contract of a Hydrogen Generation Unit, which is an integral part of the Numaligarh Refinery Expansion Project (NREP), to expand the refining capacity from 3 to 9 MMTPA. The EPC work of the project will be executed by L&T, under a stringent timeline of 30 months.
“These orders reaffirm L&T’s execution prowess across the hydrocarbon value chain…and will go a long way in growing the Indian energy sector and reduce our dependence on imports” said Subramanian Sarma, whole-time director and senior executive vice president of energy at L&T.
