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L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra mega order from ADNOC Offshore for a major project in the Middle East. According to the company's project classification, the value of the order is above Rs 15,000 crore.
The project will be executed through a consortium arrangement, with LTEH Offshore serving as the lead partner. The project involves the development of multiple offshore facilities.
As the lead consortium partner, LTEH Offshore will execute the major share of the project scope, covering engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, in addition to the upgrade of existing facilities.
A significant portion of the fabrication work will be undertaken at L&T's state-of-the-art fabrication yards, leveraging the Company's integrated EPCIC capabilities and extensive track record in delivering large and complex offshore developments across the region.
LTEH Offshore is a leading EPCIC solutions provider for offshore oil and gas industry. Supported by robust in-house engineering capabilities, world-class fabrication facilities and a dedicated fleet of marine vessels, it has successfully delivered complex shallow-water and deep-water field developments across geographies.
Over the past four decades, the business has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades and decommissioning jobs.
The project will be executed through a consortium, with LTEH Offshore serving as the lead partner. The scope includes the development of multiple offshore facilities, with L&T responsible for the majority of the work.
As the lead consortium partner, LTEH Offshore will undertake engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, along with the upgrade of existing infrastructure. A significant portion of the fabrication work will be carried out at L&T's advanced fabrication yards, leveraging the company's integrated EPCIC capabilities and extensive experience in executing large and complex offshore projects.
LTEH Offshore is a leading EPCIC solutions provider for the offshore oil and gas industry, backed by in-house engineering expertise, world-class fabrication facilities and a dedicated fleet of marine vessels. Over the past four decades, the business has successfully delivered a wide range of offshore developments, including fixed platforms, subsea pipelines and structures, brownfield upgrades, and decommissioning projects across global markets.
S N Subrahmanyan, chairman & managing director – Larsen & Toubro, said, 'This prestigious award from ADNOC reflects the trust our clients place in L&T’s engineering excellence, project execution capabilities and unwavering commitment to delivering complex energy infrastructure projects safely and on schedule. As a long-standing partner in the region, we remain committed to supporting the UAE’s energy ambitions through innovative, sustainable and world-class offshore solutions”.
Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services, operating across diverse domains and multiple geographies.
L&T had reported a 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26.
Under the agreement, L&T has been selected as one of four EPC contractors eligible to participate in PDO's upcoming front-end engineering design (FEED) and EPC projects during the six-year contract period.
The company said the agreement further strengthens its long-standing partnership with PDO. L&T will leverage its integrated engineering and execution capabilities, global expertise and innovation to support PDO's future project requirements.
L&T added that it remains committed to supporting In-Country Value (ICV) development in Oman by creating opportunities for local suppliers, subcontractors and service providers, while continuing to develop local capabilities.
L&T Energy Hydrocarbon Onshore is one of India's largest EPC businesses, providing integrated lump-sum turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors. The business has executed refinery expansions, petrochemical complexes, gas processing plants, LNG terminals, fertiliser plants and cross-country pipeline projects across global markets.
Commenting on the development, E S Sathyanarayanan, Senior Vice President & Head - L&T Energy Hydrocarbon Onshore, said: 'This Framework Agreement marks an important milestone in our long-standing association with Petroleum Development Oman. We look forward to supporting PDO's development plans through safe, innovative and sustainable project delivery, while contributing to Oman's long-term energy and economic growth objectives'.
L&T had reported 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26.
The scrip shed 0.14% to Rs 3,932.95 on the BSE.
L&T Energy Hydrocarbon Onshore has signed a six-year engineering, procurement and construction Framework Agreement with Oman's leading oil and gas company, Petroleum Development Oman (PDO), further strengthening the long-standing partnership between the two organisations.
Going by the agreement, L&T has been selected as one of four EPC contractors to participate in PDO's upcoming front-end engineering design and EPC projects over the agreement period. L&T will bring in its integrated engineering and execution capability, global expertise and innovation to support PDO's future project requirements.
L&T remains committed to supporting In-Country Value (ICV) development in Oman through opportunities for local suppliers, subcontractors and service providers, and the continued development of local capabilities.
L&T Energy CarbonLite Solutions, a business vertical of Larsen & Toubro, has secured a Limited Notice to Proceed (LNTP) from NTPC for the main plant package of the 2x800 MW Lara Stage-III thermal power plant in Chhattisgarh. The Notice to Proceed will be granted once the project secures environmental clearance and the LNTP period is completed. According to the company's project classification, the value of the project ranges between Rs 10,000 crore to Rs 15,000 crore.
The project entails the construction of two state-of-the-art 800 MW ultra-supercritical generating units. L&T's scope encompasses the design, engineering, manufacturing, supply, erection, testing and commissioning of Boilers, Steam Turbines, Generators, Electrostatic Precipitators (ESPs), Air Cooled Condensers (ACC) and their auxiliaries, along with associated mechanical, electrical, control & instrumentation and civil works. The tasks will be executed on an EPC basis using ultra-supercritical technology, which offers higher efficiency and lowers specific emissions. Once commissioned, the plant will add 1,600 MW of reliable baseload generation capacity to India's grid, helping meet the country's growing electricity demand driven by industrial expansion, urbanisation and infrastructure development.
The contract is for KOC's key Jurassic Light Oil (JLO) export facilities and also involves the upgradation of the existing export network.
The scope encompasses EPC of six new crude oil storage tanks, each with an operating capacity of 618,000 barrels, and associated facilities, on a lump sum turnkey basis.
The project also involves the installation of new pipelines and comprehensive upgrades to Kuwait's existing crude loading and export network to seamlessly accommodate increased production and enhance the country’s crude handling capabilities.
L&T Energy Hydrocarbon Onshore is a significant EPC business of L&T, delivering comprehensive lump sum turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors.
E S Sathyanarayanan, senior vice president & head of L&T Energy Hydrocarbon Onshore and member of the divisional board - L&T, said: “We are pleased to be entrusted with this major strategic project by Kuwait Oil Company.
The development of the Jurassic Light Oil export infrastructure is an important investment in Kuwait’s energy sector and we are committed to supporting the country’s energy ambitions through reliable and world-class project execution.'
As per L&T's internal classification, the value of this 'major' contract lies between Rs 5,000 crore and Rs 10,000 crore.
The conglomerate had announced its June 2026 quarterly earnings post market hours yesterday.
L&T had reported 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26. International revenues stood at Rs 34,393 crore in Q1 FY27, contributing 51% of the company’s total revenues.
EBITDA fell by 3% YoY to Rs 6,116 crore while EBITDA margin contracted by 90 basis points YoY to 9.0% in the June'26 quarter.
The company secured orders worth Rs 108,014 crore, registering a year-on-year (YoY) growth of 14% for the quarter ended June 30, 2026. During the quarter, significant order wins were achieved across multiple businesses such as residential & commercial buildings, transportation infrastructure, ferrous metals, offshore wind and the heavy engineering businesses.
The value of the international orders was Rs 60,702 crore, contributing 56% to the total order inflow in the June'26 quarter.
The Group’s consolidated order book as on June 30, 2026, was at Rs 778,954 crore, reflecting a 5% growth over March 2026 quarter. International orders constituted 52% of the overall order book.
L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement and construction (EPC) order from Kuwait Oil Company (KOC) for its key Jurassic Light Oil (JLO) export facilities and the upgrade of existing export network. According to the company's project classification, the value of the order ranges between Rs 5,000 crore to Rs 10,000 crore.
The scope encompasses EPC of six new crude oil storage tanks, each with an operating capacity of 618,000 barrels, and associated facilities, on a Lump Sum Turnkey basis. The project also involves the installation of new pipelines and comprehensive upgrades to Kuwait's existing crude loading and export network to seamlessly accommodate increased production and enhance the country's crude handling capabilities.
The order underscores the oil & gas sector's continued confidence in L&T's ability to execute complex hyrdrocarbon projects while maintaining the highest standards of safety, quality and operational excellence.
Larsen & Toubro (L&T) announced the successful conclusion of the Framework Cooperation Agreement (FCA) for 2 GW offshore wind programme with TenneT.
L&T, in consortium with Hitachi Energy, entered into FCA covering in principle six projects and future opportunities under TenneT's ambitious 2-GW HVDC programme. The framework is designed to support large-scale integration of offshore renewable energy and accelerate Europe's transition towards a sustainable and decarbonised clean energy future.
As part of the programme, the consortium will continue the execution of two ongoing projects – IJmuiden Ver Alpha and Nederwiek 1 – in the Netherlands. In addition, the consortium will commence two new projects, Nederwiek 3 in the Netherlands and LanWin 5 in Germany.
Together, these projects represent a cumulative transmission capacity of 8 GW operating at 525 kV. The projects will enable the transfer of renewable energy generated in the Dutch and German sectors of the North Sea to the onshore power grids.
Under the engineering, procurement, construction and installation scope, L&T will execute the offshore converter platforms and associated infrastructure, while Hitachi Energy will provide its HVDC Light® technology for efficient power conversion and transmission.
Combining L&T's offshore engineering and project execution expertise with Hitachi Energy's advanced power transmission capabilities, the consortium is uniquely positioned to deliver reliable HVDC infrastructure that will accelerate Europe's renewable energy transition and support its decarbonisation goals.
L&T's Offshore Wind business vertical is backed by multidisciplinary engineering expertise through its engineering centre of excellence in India and Sharjah, UAE, strategic global partnerships, a robust supply chain ecosystem and world-class modular fabrication facilities in Kattupalli, India. These strengths enable the delivery of complex offshore structures to the highest standards of safety, quality and sustainability.