Engineering major Larsen & Toubro’s Chairman AM Naik received India’s second highest civilian award, the Padma Vibhushan, from the President of India, Ram Nath Kovind, at a ceremony in the Rashtrapati Bhavan in New Delhi on Saturday.
In a first, the town planning authority MMRDA on Friday terminated the contract with Larsen & Toubro-Scomi Engineering, the operator of the nation’s first monorail network in the megapolis
Engineering and construction conglomerate Larsen & Toubro (L&T) is planning to bid for an EPC contract for a section of the $200 billion solar project in Saudi Arabia to be built with the backing of Japan’s SoftBank.
Quicker execution of infrastructure and hydrocarbon projects and an increase in order inflows could prompt analysts to enhance the earnings estimates at Larsen & Toubro, considered the perfect proxy for capital-intensive economic activity in India.
L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro, in consortium with Baker Hughes, a GE company and McDermott International, Inc. has been awarded the subsea contract for India’s Oil Et Natural Gas Corporation’s (ONGC) largest deepwater oil & gas project, the development of block DWN-98/2 in the Krishna Godavari basin.
Infrastructure major Larsen & Toubro (L&T) Tuesday said its construction arm has won contracts worth Rs 2,048 crore across two business segments.
Shares of Larsen & Toubro (L&T) today rose by more than 2 per cent on bourses after its board approved a proposal to buy back six crore shares amounting to Rs 9,000 crore.
L&T Hydrocarbon Engineering has bagged an onshore EPC contract from HPCL-Mittal Energy for setting up cracker furnaces at their Bathinda Refinery in Punjab.
Indian engineering and construction major Larsen & Toubro (L&T) said one of its key subisidiaries, L&T Hydrocarbon Engineering (LTHE) has been ranked second in the Oil and Gas Magazine Middle East’s Top 30 EPC (engineering, procurement and construction) contractors list for 2018.
L&T Group firm Nabha Power Ltd (NPL) today said it has been forced to shut a 700 MW unit of Rajpura thermal power station due to shortage of coal.