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L&T bags Rs 329-cr order from IOC, Bongaigaon

Our Bureau

Mumbai, July 3

Larsen & Toubro Ltd (L&T) has bagged four orders together valued at Rs 329 crore from Indian Oil Corporation and Bongaigaon Refinery & Petrochemicals Ltd (BRPL) for their on-going expansion projects. L&T's Heavy Engineering Division will be executing the order.

While one of these contracts is for design, manufacture and supply of two ethylene oxide reactors, involving special tubes made of duplex stainless steel, the other contracts are for critical reactors for the diesel hydro-treating units of the IOC and BRPL refineries. These hi-tech reactors, which are in forged construction, are made up of special grade steel — each of these reactors would weigh between 350 tonnes and 500 tonnes.

Process plant equipment

Mr M.V. Kotwal, Senior Executive Vice-President (Heavy engineering) of the company, said the demand for such critical hi-tech process plant equipment in the country and abroad was on the rise.

"We are expanding our manufacturing facilities at Hazira in Gujarat to cater to the demand. At present, our exports account for around 50 per cent of the division's turnover. We expect this to increase further," he said.

More Stories on : New Business | Larsen & Toubro Ltd | Engineering | Petroleum

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