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Larsen & Toubro’s stock edged up after it won a large hydrocarbon project from Petronet LNG. However the stock couldn’t hold up the gains as it ended lower.
All about the deal: the project includes building massive LNG, ethane, and propane storage tanks, along with handling and dispatch facilities.
In simple terms, this project is about storing and moving fuel more efficiently. L&T will build huge tanks to store LNG, ethane, and propane, and set up systems to move these fuels safely to factories that turn them into everyday products like plastics and packaging.
Bigger and better storage means lower costs, fewer imports, and smoother supply.
To put the scale in perspective, one tank can hold 170,000 cubic metres of LNG/ethane and another 140,000 cubic metres of propane, fuel that eventually powers industries, supports jobs, and keeps prices more stable for consumers.
Big theme: Hydrocarbons are central to India’s economy, powering everything from cooking gas and transport fuel to plastics, fertilisers, and everyday packaging that people use daily.
India imports most of its crude oil and a growing share of natural gas, which makes storage, processing, and domestic infrastructure extremely important.
Projects like this help secure supply, cut dependence on imports, and support local manufacturing, especially as demand for energy and petrochemical products keeps rising with population and consumption growth.
