Synopsis
L&T said the engineering, procurement, construction, installation and commissioning (EPICC) contract is for a new living quarter platform, 'NQL Platform' of 120 men capacity.
The contract has been awarded through international competitive bidding on a lump sum turnkey basis, L&T said in a statement.
New Delhi: L&T Hydrocarbon Engineering (LTHE) on Thursday said it has bagged an order worth up to Rs 5,000 crore from Oil & Natural Gas Corporation (
ONGC). The engineering and construction company, however, did not provide the exact value of the contract, but as per its project classification, the value of a large order ranges between Rs 2,500 crore and Rs 5,000 crore.