Larsen & Toubro (L&T), a major player in infrastructure, announced on Thursday that it has received a substantial order from Rashtriya Chemicals and Fertilizers Ltd, a state-owned enterprise, for its hydrocarbon division. The company defines a “significant order” as one valued between ₹1,000 crore and ₹2,500 crore.
According to a filing with the Bombay Stock Exchange (BSE), L&T’s hydrocarbon business has obtained a noteworthy order under its Advent business vertical from the government-owned entity, which holds Navratna status and is a prominent manufacturer in the fertilizers and chemicals sector in India.
This project entails the License, Engineering, Procurement, and Construction (L-EPC) of a fertilizer plant, including associated utilities and off-site facilities at Rashtriya Chemicals and Fertilizers Ltd’s Thal unit, located around 100 km from Mumbai.
Subramanian Sarma, Whole-Time Director and President (Energy) of L&T, stated, “We are dedicated to completing the L-EPC work within a stringent timeline.” Larsen & Toubro is an Indian multinational conglomerate with a strong presence in engineering, construction, manufacturing, technology, and financial services.
Headquartered in Mumbai, L&T is renowned for its expertise in executing large-scale infrastructure projects, including highways, bridges, airports, and energy plants, both in India and globally. The company is a key player in sectors like heavy engineering, defense, power, and water treatment, with a focus on innovation and sustainable solutions. L&T’s commitment to excellence, technological innovation, and sustainable development has positioned it as one of the most respected and diversified companies