L&T Hydrocarbon Engineering (LTHE), a whollyowned subsidiary of Larsen & Toubro, has bagged orders totalling close to Rs 40 billion in the International market.
LTHE won a major Onshore EPC contract, from a prestigious client, for the design, supply, construction and commissioning of a large petrochemical facility in the Middle East.
The Modular Fabrication business of LTHE also secured significant orders for the supply of modularized structures and skids for ongoing refinery projects in the Middle East and Africa.
The orders were won against international competitive bidding and reinforce LTHE's unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum.
Shares of the company gained Rs 8.2, or 0.53%, to trade at Rs 1,564.25. The total volume of shares traded was 13,762 at the BSE (10.15 a.m., Thursday).