L&T Hydrocarbon bags Petronet LNG order
The engineering major refers to an order worth in the range of Rs 1,000 crore- Rs 2,500 crore as a “significant order.”
L&T Hydrocarbon Engineering (LTHE) will build two LNG storage tanks with a capacity of 170,000 cubic metre each for ‘Phase IIIB’ of Petronet LNG, which is a joint venture company promoted by four public sector companies–
, Indian Oil Corporation, GAIL (India) and .
“The Project has been awarded through an international competitive bidding on lumpsum turnkey basis. The award demonstrates Petronet LNG’s trust on LTHE’s capability to deliver the project within a challenging schedule while ensuring excellent safety and quality performance,” the company said in the statement.