Larsen & Toubro bags contract from IndianOil Adani Ventures for hydrocarbon project

In a significant development for India’s hydrocarbon sector, Larsen & Toubro’s Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH) has recently been awarded a large onshore project contract by IndianOil Adani Ventures Limited. This project marks a key milestone in the expansion of India’s hydrocarbon infrastructure, reflecting the growing collaboration between leading industrial conglomerates in the country.

Valued in the range of INR 2,500 to 5,000 crores, the contract encompasses a comprehensive scope of work, including the engineering, procurement, construction, and commissioning of offsite tankages, bullets, and other associated facilities. It will be executed on a Lump Sum Turnkey basis, underscoring L&T’s capability to deliver end-to-end solutions in the hydrocarbon sector. This project is part of the prestigious IOCL’s P-25 expansion program, where LTEH is executing four notable projects. Previous awards under this program include the Residue Hydro Cracker Unit (RHCU), Diesel Hydrotreater (DHDT), and Reactor Regenerator Package (RR), showcasing the depth of L&T’s involvement in enhancing India’s hydrocarbon processing capabilities.

Organized under various specialized business groups including Offshore, Onshore EPC, Modular Fabrication, Advanced Value Engineering & Technology (AdVENT), and Offshore Wind Farm Business Groups, LTEH brings integrated design-to-build solutions to both domestic and international clients in the hydrocarbon sector. With more than three decades of experience, L&T has set global benchmarks in project management, corporate governance, quality, health safety environment (HSE), and operational excellence. This new project with IndianOil Adani Ventures Limited further solidifies L&T’s position as a leader in the hydrocarbon engineering and construction domain, driving forward the sector’s growth and technological advancement in India and beyond.

The awarding of this project to L&T Energy Hydrocarbon is a testament to the company’s engineering prowess and its strategic importance in the development of critical infrastructure for India’s energy sector. As the country aims to enhance its hydrocarbon processing and storage capabilities, partnerships like these are essential for achieving the ambitious goals set forth by the government and private sector entities alike. L&T’s ongoing contributions to the IOCL P-25 expansion program are indicative of the company’s commitment to supporting India’s energy security and sustainability goals through cutting-edge solutions and project execution excellence.

This collaboration between Larsen & Toubro and IndianOil Adani Ventures Limited highlights the synergies achievable when leading companies join forces to address the complex challenges and opportunities in the hydrocarbon sector. As LTEH moves forward with this project, the industry watches closely, anticipating the innovative approaches and outcomes that will emerge from this partnership.