LTHE wins contract in India

L&T Hydrocarbon Engineering Limited (LTHE), a fully-owned subsidiary of India’s Larsen & Toubro, said it has secured a contract valued at approximately RS 580 crore from a leading domestic company engaged in hydrocarbon downstream processing.

LTHE will carry out engineering, procurement and construction of a dual service cryogenic storage tank facility, suitable for liquid ethane and liquefied natural gas and engineering work for the balance of the facilities to be installed at the client’s manufacturing complex, it said in a statement.

1 Indian rupee = 0.016593 U.S. dollars

Press Release, September 8, 2014