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Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a ultra-mega order in the Middle East for the development of multiple offshore facilities. The company classifies orders worth over Rs 15,000 crore as 'ultra-mega'. L&T Energy Hydrocarbon Offshore (LTEH Offshore) will undertake the engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities, the company said in a filing to BSE. The award of the project reinforces LTEH Offshore's long-standing presence in the Middle East and reflects the confidence placed by customers in its ability to deliver large and complex offshore projects safely, on schedule and to the highest quality standards. Backed by integrated in-house engineering, project management, procurement, fabrication and installation capabilities and a fleet of vessels, LTEH Offshore has delivered some of the region's most challenging offshore developments. Over the past four decades, the business has ...
Tamil Nadu Chief Minister V Joseph Vijay on Thursday witnessed the signing of a Memorandum of Understanding (MoU) between the Tamil Nadu government and Larsen & Toubro Limited (L & T) for three major projects in the state involving a total investment of Rs 18,600 crore and the creation of employment opportunities for around 8,200 people.According to a press release, the Chief Minister held discussions at the Secretariat with L & T Chairman and Managing Director SN Subrahmanyan and appreciated the company's continued investments in Tamil Nadu and its contribution to the state's industrial growth.The Chief Minister welcomed L & T's proposal to establish projects across the data centre, electronics manufacturing and shipbuilding sectors, stating that the investments would further strengthen Tamil Nadu's position as a leading industrial destination. He also assured the company of the state government's full cooperation and support for its future expansion plans, the ...