L&T’s arm bags large project from Indian Oil Corporation

08 Apr 2020 Evaluate

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has been awarded a Large Project by Indian Oil Corporation (IOCL). The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a new 9 MMTPA Atmospheric Et Vacuum Distillation Unit (AVU) and allied facilities (EPCC-1 Package) for Barauni Refinery Capacity Expansion Project at IOCL's Barauni Refinery, Bihar. The capacity of Barauni Refinery is being augmented from current installed capacity of 6.0 MMTPA to 9.0 MMTPA.

Awarded through an international competitive bidding on Lump Sum Turn Key (LSTK) basis, the contract demonstrates IOCL's trust on LTHE's capability to deliver complex process plants to a challenging schedule with excellent safety and quality.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

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