MoneyWorks4Me

L&T’s arm inks MoA with ICT to build second generation ethanol plants

26 May 2017 Evaluate

Larsen & Toubro’s (L&T) wholly-owned subsidiary - L&T Hydrocarbon Engineering (LTHE), has signed a Memorandum of Agreement (MoA) with Institute of Chemical Technology (ICT) to build Ethanol plants based on the fully indigenous technology developed by ICT for producing Second Generation Ethanol. This novel technology developed by ICT under the leadership of Dr. Arvind Lali, Head of DBT-ICT Centre, is capable of processing a variety of feed stocks and offers one of the lowest project life cycle cost.

LTHE and ICT will collaborate to provide complete solutions in setting up 2G Ethanol plants in terms of Process License, Technology Knowhow, Basic Engineering, Engineering, Procurement and Construction (EPC) or Engineering, Procurement and Construction Management (EPCM).

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.


Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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