Core Viewpoint - L&T Onshore has secured a significant contract from Petronet LNG for the Dahej Petrochemical Complex, which involves the engineering, procurement, construction, and commissioning of large double-wall storage tanks for LNG, ethane, and propane [1][3]. Group 1: Contract Details - The contract value is estimated to be between Rs25 billion ($275.19 million) and Rs50 billion [2]. - The project will be executed on a lump sum turnkey basis and includes facilities for ethane and propane handling to support a propane dehydrogenation and polypropylene plant [3]. Group 2: Strategic Importance - This project is part of India's first integrated petrochemical complex, which utilizes cold energy from an LNG terminal, aiming to address the domestic polypropylene demand-supply gap [4][5]. - The initiative aligns with the Indian Government's Aatmanirbhar Bharat vision, enhancing local petrochemical manufacturing capabilities [5][6]. Group 3: Company Statements - E S Sathyanarayanan, head of L&T Onshore, emphasized the contract as a testament to the company's expertise in complex EPCC projects and commitment to quality and safety [4]. - Subramanian Sarma, deputy managing director and president of Larsen & Toubro, highlighted the order as a milestone in strengthening indigenous petrochemical capacity [6].
Larsen & Toubro unit wins Petronet LNG contract for Dahej complex
Yahoo Finance·2026-01-19 09:47