Archive · 17 Jan 2026
L&T Secures Major Onshore Project from Petronet LNG
Larsen & Toubro, a big engineering company, got a very important job from Petronet LNG.
This job is worth between 2,500 and 5,000 crore rupees.
They will build big storage tanks in Gujarat for liquids like LNG and propane.
This helps India make more chemicals without needing to import them.
The company's stock price went up a little bit when they announced this good news.
Important people from L&T said this job shows their skill in doing big projects and supports India's goal of being self-reliant.
However, the stock price also closed flat on Friday, indicating mixed market reactions.
Larsen & Toubro (L&T) secured a major onshore project from Petronet LNG valued between Rs 2,500 crore and Rs 5,000 crore.
The project involves the construction of dual-wall storage tanks at the Dahej Petrochemical Complex in Gujarat.
L&T's stock price rose by 0.34% to Rs 3878.60 on the BSE after the announcement.
The project includes an LNG/ethane storage tank with a capacity of 170,000 cubic metres and a propane storage tank with a capacity of 140,000 cubic metres.
The project aligns with India's Aatmanirbhar Bharat vision and strengthens indigenous petrochemical capacity.
- Who
- Larsen & Toubro Ltd (L&T) and Petronet LNG
- What
- Securing a major onshore project for the construction of dual-wall storage tanks
- When
- Announced on Friday
- Where
- Dahej Petrochemical Complex, Gujarat, India
- Why
- To support India's first integrated petrochemical complex leveraging LNG cold energy and align with the Aatmanirbhar Bharat vision
Positive Market Reaction
Flat Market Reaction
Stock Price Movement
Positive Market Reaction
L&T's stock price rose by 0.34% to Rs 3878.60 on the BSE after the announcement.
Flat Market Reaction
The company’s share price closed flat on Friday.
- Company
- Larsen & Toubro Ltd (L&T)
- Project Value
- Rs 2,500–5,000 crore
- Client
- Petronet LNG
- Project Location
- Dahej Petrochemical Complex, Gujarat
- Project Scope
- Engineering, procurement, construction, and commissioning of dual-wall storage tanks
- Storage Tank Capacities
- 170,000 cubic metres (LNG/ethane) and 140,000 cubic metres (propane)
- Stock Price Change
- Up 0.34% at Rs 3878.60 on BSE
- Project Basis
- Lump sum turnkey
