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The main equity indices closed mildly lower on Thursday. Buying was seen in metal, realty and financial stocks while FMCG, IT and pharma shares corrected. As per the provisional closing data, the S&P BSE Sensex, fell 80.74 points or 0.17% at 48,093.43. The Nifty 50 index fell 8.9 points or 0.06% at 14,137.80.
The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index added 1.05% while the S&P BSE Small-Cap index rose 0.85%.
Buyers outpaced sellers. On the BSE, 1974 shares rose and 1101 shares fell. A total of 152 shares were unchanged. In Nifty 50 index, 27 stocks advanced while 23 stocks declined.
Foreign portfolio investors (FPIs) sold shares worth Rs 483.64 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 380.41 crore in the Indian equity market on 6 January 2021, provisional data showed.
L&T Hydrocarbon Engineering bags Offshore Contract from ONGC
Posted On: 2021-01-07 00:50:33 (Time Zone: Arizona, USA)
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured a Contract from Oil & Natural Gas Corporation (ONGC) for their new Living Quarter (LQ) & Revamp at NQ Complex (NLRNC-RT2) Project.
The EPCIC contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new living quarter platform, NQL Platform of 120 men capacity, bridge (with intermediate support) to existing NQO Complex and major revamping / replacement of existing process systems / facilities at NQ Complex in ONGC s Mumbai High Asset on the West Coast of India.
Synopsis
L&T said the engineering, procurement, construction, installation and commissioning (EPICC) contract is for a new living quarter platform, NQL Platform of 120 men capacity.
The contract has been awarded through international competitive bidding on a lump sum turnkey basis, L&T said in a statement.
New Delhi: L&T Hydrocarbon Engineering (LTHE) on Thursday said it has bagged an order worth up to Rs 5,000 crore from Oil & Natural Gas Corporation (
ONGC). The engineering and construction company, however, did not provide the exact value of the contract, but as per its project classification, the value of a large order ranges between Rs 2,500 crore and Rs 5,000 crore.
Valued between Rs 2500 cr to Rs 5000 crL&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured a Contract from Oil & Natural Gas Corporation
(ONGC) for their new Living Quarter (LQ) Et Revamp at NQ Complex (NLRNC-RT2) Project.
The EPCIC contract involves Engineering, Procurement, Construction, Installation and
Commissioning of a new living quarter platform, NQL Platform of 120 men capacity, bridge
(with intermediate support) to existing NQO Complex and major revamping / replacement
of existing process systems / facilities at NQ Complex in ONGC s Mumbai High Asset on the
West Coast of India.
The above contract has been awarded through international competitive bidding on a Lump