Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3775.75
-8.15 (-0.22%)
< Home < Back

L&T’s arm bags two EPCC contracts from IOC

Date: 31-01-2019

Larsen & Toubro’s (L&T) wholly-owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has won two significant orders from Indian Oil Corporation (IOC).

The engineering, procurement, construction and commissioning (EPCC) contracts are for setting up Mono Ethylene Glycol (MEG) plant and Ethylene Recovery Unit (ERU) under LSTK-1 Package, associated Offsite and Utilities under LSTK-2 Package at IOCL Paradip Refinery (Odisha). MEG plant is licensed by Scientific Design with a capacity of 357 KTA while ERU is licensed by Lummus Technology (now McDermott) with a capacity of 180 KTA.

Ethylene Oxide reactor, columns and other critical equipment for the project will be fabricated in house at Larsen a Toubro's manufacturing facilities.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.