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L&T, CCC Secure Over Rs 15,000 Crore NGL Plant Contract in Middle East

The disclosure lifted the stock by about 2%, reinforcing confidence in L&T’s execution pipeline.

Overview

  • L&T confirmed an 'ultra-mega' order via an exchange filing for an integrated EPCIC Natural Gas Liquids facility in the Middle East.
  • The project scope covers engineering, procurement, construction, installation and commissioning, plus utilities, offsite works and brownfield integration to process rich associated gas.
  • Under the consortium, L&T leads engineering and procurement while Greece‑headquartered Consolidated Contractors Group handles construction.
  • The plant will remove H2S, CO2 and water from rich associated gas to produce lean sales gas, ethane, propane, butane and hydrocarbon condensate.
  • Company leaders SN Subrahmanyan and Subramanian Sarma said the win validates L&T’s capability on complex energy infrastructure, adding to recent large orders that strengthen its order book.