LT NSE filing

L&T Secures Large Order for Petrochemical Complex in Dahej

The RealCase readMedium impact Positive

Larsen & Toubro's Hydrocarbon Onshore business has won a large order from Petronet LNG for a petrochemical complex in Dahej, Gujarat. The project includes constructing LNG/Ethane and Propane storage tanks. This order aligns with the 'Aatmanirbhar Bharat' initiative.

Why it matters

The order is classified as 'Large' by L&T's internal classification (₹2,500 to ₹5,000 crore), indicating a material but not transformative impact on the company's overall financials.

The market read

The announcement details a significant new order win for L&T, which is a positive development for the company's business and its contribution to national initiatives.

Larsen & Toubro's (L&T) Hydrocarbon Onshore business vertical has secured a large order from Petronet LNG for the engineering, procurement, construction, and commissioning of a Liquefied Natural Gas (LNG)/Ethane double-wall storage tank with a capacity of 170,000 cubic metres and a Propane double-wall storage tank with a capacity of 140,000 cubic metres.

This project, located at the Dahej Petrochemical Complex in Gujarat, is part of India’s first petrochemical complex integrating cold energy utilization from an LNG terminal. The scope also includes Ethane and Propane handling and despatch facilities to support the Propane Dehydrogenation and Polypropylene plant. The order is expected to contribute to bridging the domestic polypropylene demand-supply gap and aligns with the 'Aatmanirbhar Bharat' initiative.

Mr. Subramanian Sarma, Deputy Managing Director & President - L&T, stated that this order is a significant milestone, contributing to India's first integrated petrochemical complex leveraging LNG cold energy. Mr. E S Sathyanarayanan, Senior Vice President & Head of L&T Onshore, highlighted L&T's expertise in executing complex EPCC projects and commitment to timely and quality delivery.

L&T Onshore is a major EPC business providing Lump Sum Turnkey solutions across upstream, midstream, and downstream hydrocarbon sectors. Larsen & Toubro is a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services.

Filing to action

What to do with a filing like this

Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Larsen & Toubro Limited. Read the original for the full detail.

View original filing