L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corporation Ltd (BPCL). The scope of work encompasses engineering, procurement, construction and commissioning of a Linear Low-Density Polyethene/High-Density Polyethene (LLDPE / HDPE) Swing Unit comprising two trains of 575 KTPA each, at Bina in Madhya Pradesh. To be executed by L&T Onshore on a Lump Sum Turnkey basis, it will be India’s largest LLDPE / HDPE Swing Unit, setting a new benchmark in polyethene production capacity.
The project forms an integral part of BPCL’s Bina Petrochemicals & Refinery Expansion Project, which aims to set up a petrochemical complex and enhance refinery capacity from 7.8 MMTPA to 11 MMTPA. It aligns with the Government of India’s ‘Aatmanirbhar Bharat’ vision by strengthening domestic manufacturing and achieving self-sufficiency in polymer production. The contract value is estimated between Rs 5,000 crore and Rs 10,000 crore.
L&T Onshore is one of India’s largest EPC businesses, delivering comprehensive Lump Sum Turnkey solutions across the upstream, midstream and downstream hydrocarbon sectors. With a strong execution track record across geographies, it has delivered refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals and cross-country pipelines.
About the Company
Larsen & Toubro is a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
The company has a market cap of over Rs 5.60 lakh crore and has been maintaining a healthy dividend payout of 33 per cent. Life Insurance Corporation of India (LIC) owns a 13.14 per cent stake in the company as of September 2025. The company has a robust order book valued at Rs 6,67,000 crore as of September 30, 2025. The stock is up by 38 per cent from its 52-week low and has given multibagger returns of 225 per cent in the last 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.
L&T Wins Major Order for Hydrocarbon Onshore Business from BPCL