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    500510   INE018A01030

LARSEN & TOUBRO LIMITED

(500510)
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Larsen & Toubro : L&T Hydrocarbon Engineering Wins 3 Golds from American Society of Safety Professionals

09/24/2021 | 08:24am EST

Mumbai - L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has been bestowed with 3 Gold Awards by the American Society of Safety Professionals (ASSP - Kuwait Chapter) for exemplary performance in the field of Health, Safety & Environment (HSE) for projects in Kuwait.

The awards are part of the ASSP Gulf Cooperation Council HSE Excellence Awards 2021 and L&T Hydrocarbon has won Gold for both ongoing projects i.e., TL-5 (New 48' Crude Transit Line) and NSGEP (40' & 30' North Strategic Gas Pipeline) in the following categories: * HSE Excellence in the 'Sector' category * Environment Excellence * Management of Driving Safety

Speaking on the occasion, Mr. Subramanian Sarma, L&T's Whole-Time Director & Sr Executive Vice President (Energy), said, 'This is a proud moment for all of us at L&T. I would like to congratulate the entire team for their exemplary work in Kuwait. These awards affirm L&T's commitment to Health, Safety and Environment in the GCC region. We will strive to further improve our processes, demonstrate leadership in building HSE skills, and ensure compliance to Corporate HSE policies and the Group HSE management system'.

The prestigious awards will be bestowed on L&T at a virtual ceremony on 30th September 2021 in Kuwait. The ASSP GCC HSE Excellence Awards recognize leadership and excellence and encourage exceptional performance in the field of HSE in private sector. This evidence-based awards showcase successful business models of organizations that uphold HSE management as a business value and excel in performance.

Background

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. 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.

Contact:

Ketan Bondre

Head

E: ketan.bondre@larsentoubro.com

T: +91 98205 36572

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2022 1 568 B 20 877 M 20 877 M
Net income 2022 97 619 M 1 300 M 1 300 M
Net Debt 2022 1 077 B 14 332 M 14 332 M
P/E ratio 2022 25,4x
Yield 2022 1,29%
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EV / Sales 2022 2,27x
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Nbr of Employees 40 253
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