OCTOBER 20239TOP STORIESL&T SECURES MEGA CONTRACT IN MIDDLE EAST FOR HYDROCARBON BUSINESSLarsen & Toubro (L&T), its hydrocarbon business has obtained a letter of intent from a major Middle Eastern client for a massive onshore project valued at more than Rs 7000 crore. The work involves engineering, procurement and construction of gas compression plants consisting of gas inlet facilities, gas compression system, produced water handling, propane refrigeration system, condensate transfer and utilities for gas compression facilities in new onshore facilities and its integration with existing gas compression plants.The Power Transmission & Distribution division of L&T Construction would build three 230 kV extra high voltage substations to meet the power needs of the gas compression plants, it was said. One doesn't get to win such an order every day, according to L&T Chairman & Managing Director SN Subrahmanyan. Since L&T is a truly Indian multinational, this is something special for L&T and something India should be proud of. This further demonstrates our capacity for performance and on-time delivery as well as the great confidence our customer places in us to handle such challenging projects. It is a testament to our ongoing dedication to excellence, quality, and customer satisfaction that we were able to secure such a sizable order from a reputable client. Subramanian Sarma, Whole-Time Director and Senior Executive Vice President, said, We are sincerely honoured by customer trust and will continue to deliver execution par excellence.LTEH provides integrated design-to-build solutions across the hydrocarbon sector to local and foreign customers under the Offshore, Onshore, Construction Services, Modular Fabrication, and Advanced Value Engineering & Technology (AdVENT) verticals of organisation. ASHWINI VAISHNAW INTRODUCES VVDN TECHNOLOGIES TO MANUFACTURE 4G & 5G MODULES IN INDIAGlobal engineering and manufacturing services provider VVDN Technologies inaugurated a dedicated state-of-the art surface mount technology (SMT) line in India to manufacture 4G and 5G connectivity modules as well as data cards for Telit Cinterion, a global enabler of intelligent edge solutions. Union Minister for Railways and IT, Ashwini Vaishnaw, and Telit Cinterion CEO Paolo Dal Pino inaugurated the new SMT Line at VVDN Technologies in Manesar, Gurugram. "This was unthinkable a few years back, and today, because of Prime Minister Narendra Modi's vision, Bharat has emerged as a major telecom design, manufacturing, and export hub", said Vaishnaw. "A complex manufacturing process has been inaugurated today, and I congratulate VVDN Technologies. Happy to know VVDN already has more than 10,000 employees and even more delighted to know that more than 70 percent are our talented sisters". the minister added.Telit Cinterion said that its decision to manufacture in India will lead to the expansion of business reach and models into the country. With its capability to do PCB assembly, mechanical, tooling and molding, die casting, complete PTS, pre-compliance certification and advance cybersecure software and firmware flashing, VVDN can mass manufacture the latest and world class electronic products."This new dedicated SMT line will manufacture modules, data cards and custom products. VVDN will be mass manufacturing modules and data cards which finds its application in the products that goes into multifold industries such as smart energy, EV charging, smart buildings, telematics and retail. said Puneet Agarwal, CEO and Co-Founder, VVDN Technologies.
< Page 8 | Page 10 >