Rs 15,000 Crore+ Order: L&T Signs Ultra-Mega Gas Compression Project Contract in the Middle East; Check Details
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L&T Energy Hydrocarbon Onshore has signed a contract for a gas compression facilities project in the Middle East against a letter of award issued in FY26. The project includes EPC of gas compression plants and two 230 kV extra-high-voltage substations
✨ Key Takeaways
On Monday, Indian equity benchmark indices traded higher, with the benchmark Nifty 50 index rising 20.45 points (0.08 per cent) to 24,272.45. Amid the market movement, Larsen & Toubro share price rose 0.02 per cent to Rs 4,094.00 after L&T Energy Hydrocarbon Onshore signed a contract for an ultra-mega gas compression project in the Middle East.
L&T Signs Ultra-Mega Gas Compression Project
L&T Energy Hydrocarbon Onshore (LTEH Onshore) has signed a contract for undertaking a gas compression facilities project for a prestigious client in the Middle East. The contract follows a letter of award issued in FY26.
L&T has classified the project as an ultra-mega order. As per the company's order classification, an ultra-mega project has a value of more than Rs 15,000 crore. The company has not disclosed the exact contract value in the filing.
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Download Service BrochureProject Includes Gas Compression Plants
The project involves engineering, procurement and Construction (EPC) of gas compression plants. The scope includes gas inlet facilities, gas compression systems, condensate and produced water handling systems, propane refrigeration systems and associated utilities.
The facilities will be developed for new onshore installations to process sour gas in accordance with applicable client standards, codes and project requirements.
Two 230 kV Substations to Be Executed
To meet the power requirements of the gas compression plants, L&T's Power Transmission & Distribution business will execute two 230 kV extra-high-voltage substations.
The project therefore brings together L&T's hydrocarbon EPC capabilities with its Power Transmission & Distribution business for the associated power infrastructure.
Management Commentary
E S Sathyanarayanan, Senior Vice President and Head of L&T Energy Hydrocarbon Onshore, said the contract marks the start of a strategically important project that will add significant gas compression capacity and utility infrastructure.
He further stated that the project draws on L&T's experience in executing large and complex hydrocarbon facilities and reinforces its capability to deliver integrated solutions for challenging sour gas applications.
L&T Energy Hydrocarbon Onshore Business
L&T Energy Hydrocarbon Onshore is one of India's largest EPC businesses, delivering comprehensive Lump Sum Turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors. The business has executed projects across geographies, including refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals and cross-country pipelines.
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Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services across multiple domains and geographies. The company stated in the release that it has maintained leadership in its major business lines for eight decades.
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Disclaimer: The article is for informational purposes only and not investment advice.