MUMBAI: US major GE has signed a pact with engineering firm Larsen & Toubro to manufacture subsea equipment for future deepwater projects in the Krishna-Godavari basin. Spread over an area of 600,000 sq metre and an annual capacity of 50,000 million tonnes, L&T’s modular fabrication unit in Tamil Nadu will be used for production. The plant is equipped with advanced welding and fabrication capabilities along with a 150-metre jetty.

{{^htLoading}} {{/htLoading}}
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Advertisement
{{/htLoading}}{{#usCountry}} {{/usCountry}}