L&T Share Price in Focus After Securing Large Order for Hydrocarbon Onshore Business

Larsen & Toubro (L&T) has announced a significant achievement for its Hydrocarbon Onshore business, having secured a large order from Petronet LNG. This project is set to be a cornerstone in India's first petrochemical complex integrating cold energy utilisation from an LNG terminal. 

Details of the Large Order 

On January 16, 2026, L&T's Hydrocarbon Onshore vertical received a large order from Petronet LNG, a joint venture promoted by ONGC, IOCL, GAIL, and BPCL. The project involves the engineering, procurement, construction, and commissioning of LNG/Ethane and Propane double-wall storage tanks at the Dahej Petrochemical Complex in Gujarat.  

The LNG/Ethane tank will have a capacity of 1,70,000 cubic metres, while the Propane tank will hold 1,40,000 cubic metres. 

The project scope also includes Ethane and Propane handling and dispatch facilities to support the Propane Dehydrogenation and Polypropylene plant. This initiative is expected to help bridge the domestic polypropylene demand-supply gap. 

Orders are grouped by value into Significant ₹1,000–₹2,500 crore, Large ₹2,500–₹5,000 crore, Major ₹5,000–₹10,000 crore, Mega ₹10,000–₹15,000 crore, and Ultra-Mega above ₹15,000 crore. 

Alignment with Aatmanirbhar Bharat 

This project aligns with the Government of India's Aatmanirbhar Bharat initiative by enhancing indigenous petrochemical manufacturing capacity.  

It reflects the industry's confidence in L&T's ability to deliver projects within stringent timelines, maintaining a commitment to excellence, safety, and quality. 

Read More: L&T Secures Large Order for India’s Biggest 3,000 MW Pumped Storage Project! 

Statements from L&T Leadership 

Mr Subramanian Sarma, Deputy Managing Director & President of L&T, stated that this order is a significant milestone, contributing to India's first integrated petrochemical complex leveraging LNG cold energy. Mr E S Sathyanarayanan, Senior Vice President & Head of L&T Onshore, emphasised the company's commitment to executing the project safely and efficiently. 

L&T Onshore's Proven Track Record 

L&T Onshore is one of India's largest EPC businesses, providing comprehensive Lump Sum Turnkey solutions across the hydrocarbon sectors. With a strong execution track record, it has delivered refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals, and cross-country pipelines. 

Larsen & Toubro Share Price Performance 

As of January 16, 2026, at 9:32 AM, Larsen & Toubro share price on NSE was trading at ₹3,889.00 up by 0.60% from the previous closing price. 

Conclusion 

L&T's recent order from Petronet LNG underscores its robust capabilities in the hydrocarbon sector. This project not only supports India's Aatmanirbhar Bharat initiative but also strengthens L&T's position as a leader in delivering complex EPC projects. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.