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L&T bags Rs 130-cr order from Kuwait Olefins

Our Bureau

Mumbai , Feb. 23

LARSEN & Toubro has won an order worth Rs 130 crore from Kuwait Olefins Company KSC, Kuwait, a joint venture between Dow Chemical Company, US and PIC Kuwait.

The order is for supply of a tubular reactor system. It will be executed by L&T's Heavy Engineering Division, said a news release from the company.

This equipment, weighing 1,500 mt, will be one of the largest such system in the world when installed, it said.

This order indicates the confidence that clients and consultants worldwide have in L&T for its capability to manufacture critical equipment, the L&T senior Vice-President (Operations), Mr M.V. Kotwal, said.

"They also demonstrate L&T's ability to answer the growing demand for high-tech heavy engineering equipment."

L&T's Heavy Engineering Division is already executing another contract valued at Rs 45 crore for the supply of a reactor for Equate Petrochemicals in Kuwait.

Earlier, this division had successfully supplied such critical reactors for downstream petrochemical projects in China, said the release.

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