L&T wins ultra-mega order worth more than ₹15,000 crore for its hydrocarbon business

Shares of L&T traded 1.2% higher on Thursday afternoon after the company announced securing an ultra-mega order worth more than ₹15,000 crore for its hydrocarbon business. The shares traded 1.2% higher at ₹3,775 apiece on the NSE

The Hydrocarbon Onshore business (L&T Energy Hydrocarbon Onshore) of L&T has won an ultra-mega order for setting up a Natural Gas Liquids plant and allied facilities in the Middle East. L&T has won the order in consortium with the Greece-headquartered Consolidated Contractors Group S.A.L. (Offshore) (CCC). The scope of work encompasses engineering, procurement, construction, installation and commissioning of a Natural Gas Liquids plant and allied facilities for processing Rich Associated Gas (RAG).

This also involves all associated utilities and off-site and integration with existing facilities. Under the consortium arrangement, L&T, as the lead partner, will be responsible for engineering and procurement; CCC will handle the construction activities.

The RAG sourced from offshore and onshore oil fields will be treated at the plant to remove impurities like H2S, CO2 and H2O, producing value-added products such as lean sales gas, ethane, propane, butane and hydrocarbon condensate.

According to L&T’s order grading mechanism, the ultra-mega order consists order value of exceeding ₹15,000 crore.

Commenting on the order win, Mr S N Subrahmanyan, Chairman & Managing Director - L&T, said: “The ultra-mega order reaffirms L&T’s position as a trusted partner in delivering mega energy infrastructure. It underscores our growing global footprint and ability to execute projects of high complexity in partnership with leading players like CCC”

As of Q1FY26, the total group order book stood at ₹6.13 trillion, up 25% YoY. 54% of the total order book during the quarter came from domestic orders, while 46% from international orders. In 2025, on a YTD basis, shares of L&T posted 5.4% returns amid broader sluggish environment.