To meet India's rising energy demands and reduce oil imports, the government has undertaken a slew of policy measures in the recent times – one of which is the development of deepwater blocks off the East Coast of India. Sensing this as an opportunity, many exploration & production (E&P) firms, including the likes of ONGC, have of late begun investing considerably in identifying and exploiting deepwater projects that could help keep the level of gas production and crude inflow up in the times ahead.
To better cater to the opportunities in the deepwater segment, particularly those on the Eastern Coast, L&T Hydrocarbon Engineering (LTHE) has joined forces with GE Oil & Gas and McDermott International to offer a strong, combined value proposition to clients.
This joint strength was on full display at the recently concluded SPE Oil and Gas India Conference and Exhibition (OGIC) held in Mumbai from 4-6 April 2017. Organised by Society of Petroleum Engineers, the biennial event which features a multi-disciplinary technical conference and an exhibition showcasing the latest innovations for the oil & gas industry, made for a perfect platform for LTHE to display its strengths.
A common stall underlined the coming together of LTHE, GE, and McDermott for deepwater opportunities in the Indian market. Located in a prime spot, along with all the other major foreign and domestic players, the imposing stall attracted plenty of footfall during the three day exhibit including the entire top brass of ONGC which dropped by on the inaugural day. Senior officials from BP and many other firms also visited the stall to find out more about LTHE's capabilities and its value proposition along with GE and McDermott.
LTHE CEO & MD, Mr. Subramanian Sarma too visited the exhibition and was on hand to receive some of the high-profile visitors on day one. He was accompanied by Mr. K Ravindranath, Senior Vice President & Whole-time Director, and Mr. Satish Palekar, Vice President & Head – Offshore, on the occasion.
Deepwater projects call for plenty of technological sophistication and high-end execution capabilities and in GE and McDermott LTHE has two perfectly capable partners that complement it greatly. LTHE with its strategically located modular fabrication facility on the East Coast of India, GE with its expertise in subsea production systems and McDermott with its unmatched installation capabilities, the three combine to offer a value proposition that is stronger than any pure play deepwater entity.
The partnership vying for a piece of the action unfolding in the deepwater segment on the East Coast is already bidding for projects jointly.
The OGIC exhibition provided an important opportunity for LTHE to display its strength, promote its offerings and network with industry professionals from all over the world.
Buildings today are becoming more efficient from the point of view of safety, convenience, comfort, environment, and energy. L&T Electrical & Automation, through its Control & Automation (C&A) Business Unit, recently showcased its latest range of automation products and solutions for the Building Segment at ACREX '17, South Asia's largest exhibition on Refrigeration & Cold Chain, Air-conditioning, Ventilation and Intelligent Buildings held from February 23-25 at Grater Noida.
C&A displayed its Integrated Building Management Solution that gives building operators a unified platform using which they can seamlessly manage a building's operations.
As part of its composite offerings C&A also showcased its Video Analytics solution which adds a smarter edge to security and surveillance by improving the quality and effectiveness of surveillance operations by identifying events, attributes or behaviour pattern through video analysis of live and recorded situations.
The L&T stall at the exhibit proved to be a big hit with the visitors who showed a lot of interest in its solutions. E&A's participation in ACREX '17 will go a long way in establishing C&A's presence in the Smart Building segment.
With its theme “Redefining Electricity for Smarter Living – Are you future-ready?" Intelect '17 a three-day exhibit organised by Indian Electrical & Electronics Manufacturers Association (IEEMA) was all about “intelligent electricity".
In a bid to showcase its solutions in the area of intelligent electricity – something that is a key constituent of smart resource management solution that power utilities have been looking for of late – L&T's Control & Automation Business Unit along with the Metering & Protection Group put up an excellent display of its Smart Grid offerings at Intelect'17.
Held from January 23-25, 2017, in Delhi, the exhibition was inaugurated by Shri Piyush Goyal, Hon'ble Minister of State (I/C) for Power, Coal, New and Renewable Energy and Mines along with Shri Girish Shankar Secretary, DHI, Ministry of Heavy Industries & Public Enterprise, Mr. Desh Deepak Verma, Chairman, Uttar Pardesh Electricity Regulatory Commission and key members of IEEMA.
An imposing structure located in a prime spot, E&A's stall was inaugurated jointly by Mr. Sunil Agarwal, Vice President, Power Grid Corporation of India Limited, Mr. Atul Bali, DGM, National Smart Grid Mission and Mr. S.C. Bhargava, Sr. Vice President, L&T Electrical & Automation.
The stall featured an interactive display comprising smart meters, head-end system (HES), Meter Data Management (MDM) and Peak load Management (PLM) required for building advanced metering infrastructure (AMI) stack.
Additionally, Smart Panel, a solution for automatic switching between alternate energy sources viz., Solar and Grid electricity, suitable for agriculture, water, domestic and industrial application was also put on display at the exhibit.
L&T participated in the second edition of CII-sponsored ConMac 2017, held at Maniram Trade Centre-Guwahati from March 2-4, 2017, with an outdoor stall and an impressive display of material handling and construction equipment such as L&T 1190 & L&T 990 Vibratory Compactors, L&T 9020 Wheel Loader and Komatsu PC130 & PC210 Hydraulic Excavators. The stall also had Hydraulic Breakers and genuine parts on display at the exhibit.
Mr. Sarbananda Sonowal, Chief Minister of Assam, who inaugurated ConMac 2016, stressed on the need for speedy implementation of projects in the North East and for the local contractors to update themselves with the latest technology. Mr. Arvind K. Garg, Executive Vice-President, Construction & Mining Machinery Business, L&T, and Chairman of ConMac 2017, spoke of the need for the Government in treating Construction Equipment as a vital input in infrastructure development of the country, ably supported by attractive GST rates, which would help bolster the sustained growth of the industry.
The exhibition assumed importance in view of the increased mechanization and deployment of various equipment for undertaking infrastructure projects in the North Eastern Region.
A status report prepared by CII in association with ICEMA (Indian Construction Equipment Manufacturers Association) was also released at the conference on roads and highways held during the exhibition. The exhibition saw visits by delegations from Border Roads, Defence, Railways, besides Irrigation and Public Works Depts of North Eastern States.