Larsen & Toubro on Tuesday, February 13, said its hydrocarbon vertical -- L&T Energy Hydrocarbon -- has secured a 'significant' onshore and offshore order from a Middle East client.
L&T classifies orders in the ₹1,000 crore to ₹2,500 crore as 'significant' ones.
"The scope of work for the onshore order comprises engineering, procurement and construction of an enclosed ground flare system and demolition of existing facilities, reducing flame and smoke visibility to the nearby ongoing large scale residential developments," it said in a stock exchange filing.
The offshore order includes brownfield work such as upgradation of shutdown systems in existing offshore platforms, it said.
On February 7, the company won multiple orders for its power transmission and distribution busines in India and the Middle East, its thid 'large' order in three days. Orders in the ₹2,500 crore to ₹5,000 crore are classified as 'large', as per L&T.
The stock was trading 1.09% higher at ₹3,335.65 apiece around 11.30 am on Tuesday. Febuary 13.
First Published: Feb 13, 2024 11:55 AM IST
