L&T eyes $50-60 billion opportunity in Middle East, to focus on oil-to-chemicals business: Report | Mint
Larsen & Toubro (L&T) is eyeing the opportunity to make investments worth $50-60 billion in projects converting oil to chemicals (O2C) and petrochemicals in the Middle-Eastern region from the financial year 2025, Moneycontrol reported, quoting Subramanian Sarma, whole-time director and president (energy) of L&T. “There’s a $50 to $60 billion opportunity in O2C projects. I