L&T wins two projects worth Rs1,100 crore in the Gulf

L&T has secured two engineering, procurement and construction projects, worth Rs1,100 crore in hydrocarbon segment from Abu Dhabi National Oil Company and Dolphin Energy

Larsen and Toubro Ltd (L&T), India’s largest engineering and construction company said it won two projects, worth Rs1,100 crore on engineering, procurement and construction(EPC) basis in the Gulf region.
 

In a regulatory filing, L&T said, it won an EPC project from Takreer, a unit of state-owned Abu Dhabi National Oil Company (ADNOC), for the new aviation fuel terminal at Abu Dhabi International Airport for developing storage and delivery of JET A-1, special purpose aviation turbine fuel.
 

In Qatar, L&T won an EPC contract from Dolphin Energy Ltd for third party gas interconnecting facilities in Ras Laffan industrial city. L&T is already executing another export gas upgrade facilities project for Dolphin Energy to increase of the export gascompressors facilities from 2.2 billion standard cubic feet per day (BSCFD) up to 3.2 BSCFD by adding three new compression trains.
 

On Monday, L&T closed 1.4% down at Rs808.8 on the BSE, while the benchmark Sensex ended the day flat at 19,895.

 
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