Larsen & Toubro secures major hydrocarbon contract for new fertilizer plant

Larsen & Toubro Limited (L&T) has announced a significant win for its hydrocarbon business, L&T Energy Hydrocarbon (LTEH), as it secured a prestigious order under its AdVENT business vertical from a Navratna government enterprise, Rashtriya Chemicals and Fertilizers Limited (RCF). The contract involves the license, engineering, procurement, and construction (L-EPC) of a 1,200 MTPD (DAP basis) NPK fertilizer plant at RCF’s Thal unit in Raigad, approximately 100 km from Mumbai.

Subramanian Sarma, the Whole-Time Director and President (Energy) at L&T, expressed the company’s commitment to the Indian government’s Atmanirbhar Bharat initiative, emphasizing their goal of boosting self-reliance in the fertilizer sector. Sarma noted that the project would adhere to a strict timeline, highlighting L&T’s efficiency and reliability in executing complex projects.

L&T’s hydrocarbon business, LTEH, has established itself as a leader in the field, offering integrated design-to-build solutions across the sector, including offshore and onshore EPC, modular fabrication, advanced engineering, and offshore wind projects. The recent contract showcases L&T’s capabilities and long-standing reputation, built over three decades of successful project management, operational excellence, and adherence to high standards of health, safety, and environment (HSE) protocols.

This latest project for RCF is classified as a “Significant” project within L&T’s grading scale, placing its value between ₹1,000 and ₹2,500 crore. With over 50 countries in its operational portfolio, L&T continues to expand its global footprint, maintaining its leadership in engineering, procurement, and construction (EPC) projects.

Industry analysts observe that L&T’s contract with RCF aligns with India’s broader economic strategy of self-sufficiency in essential commodities like fertilizers. They noted that such projects not only boost local manufacturing capabilities but also have the potential to reduce dependency on imports, contributing positively to India’s trade balance. Experts emphasized that L&T’s role as a leader in advanced value engineering technology positions it as a key player in India’s industrial growth and development.