L&T wins (Significant*) Orders for its Hydrocarbon Business

L&T wins (Significant*) Orders for its Hydrocarbon Business

Mumbai, December15, 2022: The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of L&T has secured two prestigious orders for its Asset Management and AdVENT business verticals.

Larsen & Toubro Energy Hydrocarbon - Asset Management (LTEH-AM), a new business verticalfor Operations and Maintenance (O&M) and associated services in the global market, has secured its first integrated O&M contract from Vedanta Limited,Cairn Oil &Gas division. This 5-yearcontract is for Integrated O&Mof Upstream Oil & Gas Processing Facilityat Raageshwari Gas Terminal and associated Gas Well Pads and South Satellite Fields, located in Rajasthan, India.

Further, the AdVENTbusiness vertical has received an order for Engineering, Procurement and Construction (EPC) of a Hydrogen Generation Unit (HGU) from Matheson Tri Gas, Inc. (Matheson), a subsidiary of Nippon Sanso Holdings Corporation (NSHD). Matheson’s Global HYCO business group secured the order for this HGU from Numaligarh refinery in Assam, on a “Build – Own – Operate(BOO)” basis for 20 years with Topsoe,Denmark as the overall processlicensor for the unit.

The HGU with a capacity of 95 KTPA (132 kNm3/hr), is an integral part of the Numaligarh Refinery Expansion Project (NREP), to expand current refining capacity from 3 to 9 MMTPA. The EPC work of the projectwill be executedby L&T, under a stringent timeline of 30 months.

“These orders reaffirm L&T’s execution prowess across the hydrocarbon value chain and leadership as a one-stop solution provider which is translating into growing partnerships with global oil & gas majors. These will go a long way in growing the Indian energy sector and reduce our dependence on imports” said Mr Subramanian Sarma,Whole-time Director &Sr. Executive Vice President (Energy)– L&T.

Organized under Offshore,Onshore, Construction Services,Modular Fabrication, Asset Management and Advanced Value Engineering & Technology (AdVENT) verticals, LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domesticand international customers. With over three decades of rich experience, the company has been setting global benchmarks in all aspects of project management, corporate governance,quality, HSE and operational excellence.