November 2, 2007

L&T JV with GULF

Larsen & Toubro Ltd (L&T) has announced that the Company has entered into a Joint Venture with US based Gulf Interstate Engineering Company (GULF).

The new venture - "L&T - GULF PIPELINE ENGINEERING PVT LTD" will be located in the Company's modern engineering campus at Faridabad in the National Capital Region.

The Company provides comprehensive engineering, procurement, construction and commissioning services for pipeline projects in India and overseas with operating centres across the GCC countries and Malaysia. The Company has also built the world’s longest LPG pipeline in India.

Established in 1953, GULF is one of the world's leading international, project management and engineering, companies for pipelines and associated facilities and is ranked number two, among pipeline design companies worldwide, by Engineering News Record (ENR) 2007. GULF designs large diameter pipelines for extreme conditions and is currently active in the USA, Mexico, South America, Russia and the Middle East.

The Joint Venture engineering company will augment the Company's offering in pipelines, support GULF and provide end-to-end engineering & project management services to the hydrocarbon pipeline industry in India & overseas.

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