L&T NGL plant construction contract details: India’s largest infrastructure company, Larsen & Toubro (L&T), has secured a major ₹15,000 crore work order in the Middle East. The company will set up a Natural Gas Liquids (NGL) plant there. Following this announcement, L&T’s shares saw a rise on 9th October, trading at ₹3,780 with a 1% increase.
India’s leading infrastructure and construction company, Larsen & Toubro (L&T), has secured a significant order from the Middle East to establish a Natural Gas Liquids (NGL) plant. The project, valued at over ₹15,000 crore, is classified as an ‘ultra-mega’ order by L&T, reflecting its substantial scale and complexity. The scope encompasses engineering, procurement, construction, installation, and commissioning of the NGL plant and associated facilities, including utilities, offsite works, and integration with existing infrastructure. The plant is designed to process Rich Associated Gas (RAG) and produce value-added products such as lean sales gas, ethane, propane, butane, and hydrocarbon condensate. This venture underscores L&T’s expertise in executing large-scale energy infrastructure projects and its growing presence in the global energy sector.
Shares Jump After ₹15,000 Crore Order of L&T NGL Plant Construction Contract Details
India’s leading infrastructure and construction company shares saw a strong rise after the company received a massive ₹15,000 crore work order from the Middle East. The stock opened at ₹3,735 in the morning and touched a high of ₹3,796. Over the past month, L&T shares have given more than 6% returns, and in the last six months, they have jumped over 22%.
Acoording to sources ,In the long term, L&T shares have delivered impressive returns to investors. Over the past five years, the stock has risen by more than 315%, and over the maximum period, it has delivered an astonishing 20,000% return.
In 2023, L&T’s share price gained over 46%, reflecting strong investor confidence.n FY2025, L&T reported a 30% year-on-year increase in consolidated net profit, amounting to ₹3,617 crore for the June quarter.These figures underscore L&T’s robust financial health and its position as a leading player in the infrastructure secto
The Largest Company in the Infrastructure Sector: L&T NGL Plant Construction Contract Details
L&T NGL Plant Construction Contract Details the largest company in the infrastructure sector, has a market capitalization of over ₹5 lakh crore. The company handles major projects not only in India but also in other countries, which keeps its order book extremely strong. Known for its expertise in engineering, construction, and technology services, L&T has successfully executed landmark projects like bullet trains, expressways, and industrial plants. With a diversified portfolio spanning energy, transportation, and urban infrastructure, the company continues to maintain steady growth and remains a trusted name in the global construction and infrastructure industry.
