L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of engineering, procurement and construction (EPC) projects to defence multinational, Larsen & Toubro, has secured a contract from Oil & Natural Gas Corporation (ONGC) for their new living quarter (LQ) & Revamp at NQ Complex (NLRNC- RT2) project at Mumbai High.
The engineering, procurement and construction (EPC) to defence conglomerate, Larsen & Toubro inaugurated the AM Naik Tower at its Powai campus. The smart and digitally advanced green building, which will house the company’s corporate offices, was opened on the occasion of L&T Group Chairman AM Naik completing over five decades with the company.
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
The overall cost of expansion of the operational and approved metro projects under implementation is over Rs 2.5 lakh crore, and another Rs 2 lakh crore worth projects are in various stages of approval and are likely to come up for bidding in the next five years