L&T bags major gas pipeline project worth Rs 5,000-10,000 cr in Middle East

Larsen and Toubro (L&T) has bagged a major order gas pipeline project worth between Rs 5,000-10,000 crore in the Middle East region
L&T bags major gas pipeline project worth Rs 5,000-10,000 cr in Middle East
L&T bags major gas pipeline project worth Rs 5,000-10,000 cr in Middle EastPSU Watch

New Delhi: Larsen and Toubro (L&T) has bagged a major order gas pipeline project worth between Rs 5,000-10,000 crore in the Middle East region. The scope of work comprises Engineering, Procurement, and Construction (EPC) of two new pipelines along with associated work parallel to the existing pipeline corridor, the infrastructure major said in a statement. The major onshore gas pipeline project has been received by the company's hydrocarbon vertical L&T Energy Hydrocarbon – LTEH, it said.

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'This is largest cross-country pipeline project awarded to L&T'

Subramanian Sarma, Whole-time Director & Senior Executive Vice President (Energy), L&T, said, "This is the largest cross-country pipeline EPC project awarded to us till date and we are excited to bring our expertise to this strategic project."

L&T bags major gas pipeline project worth Rs 5,000-10,000 cr in Middle East
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The company did not provide any financial details of the project. As per its classification, a major category order is valued in the range of Rs 5,000 crore to Rs 10,000 crore. L&T is a USD 23 billion Indian multinational engaged in EPC Projects, hi-tech manufacturing, and services.

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