InvestorQ : Can you tell me about the mega order that L&T has received from ONGC?
vidhya Laxmi made post

Can you tell me about the mega order that L&T has received from ONGC?

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sarah Leo answered.
3 months ago
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India’s largest EPC Company, Larsen & Toubro, appears to be truly basking under a spate of orders from the oil sector. After the mega order from HPCL for its Vizag refinery, L&T has now secured a massive Rs.5000 crore order from ONGC. This contract pertains to complex execution at the Bombay High, the offshore drilling site of ONGC.

The contract is for a new living quarter or NQL platform with 120-men capacity at the Bombay High off the shores of Mumbai in the high seas. The order also includes the construction of a bridge with intermediate support as well as a total revamp of the process/ facilities at ONGC’s Bombay High oil platform.

The contract was awarded to L&T through international bidding. L&T already has fabrication facilities at Hazira in the West Coast of India as well as at Kattupalli in the East Coast. This will ensure that the order is executed while ensuring maximum local content. This has been one of the guiding principles of the government’s Atma Nirbhar Bharat program.

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