Financial Daily from THE HINDU group of publications
Wednesday, Feb 25, 2004
Financial Daily from THE HINDU group of publications Wednesday, Feb 25, 2004 |
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Corporate
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Announcements L&T bags Rs 1,006-cr ONGC project order Our Bureau
Mumbai , Feb. 24 LARSEN & Toubro has won a turnkey project order valued at Rs 1,006 crore from Oil and Natural Gas Corporation for nine new wellhead platforms. The platforms, said the company press release, are expected to boost oil output from Mumbai High South by around 2.15 million tonnes per year and increase gas production by 3.87 million cubic metres per day. L&T will have single point responsibility for the complete engineering, procurement, fabrication and installation of the platforms. Fabrication will be carried out at L&T's works complex at Hazira near Surat and the company's new facility in Mangalore.
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