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18 March, 2018 07:32 IST
Larsen & Tubro bags order worth over Rs 16 bn
Source: IRIS | 07 Dec, 2017, 09.47AM
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L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Engineering and Construction major, Larsen & Toubro (L&T), has won an order worth over Rs 16 billion from Hindustan Petroleum Corporation, Visakhapatnam Refinery.

The project is a part of HPCL Visakh Refinery Modernisation Project (VRMP) and involves Engineering, Procurement, Construction and Commissioning of 3.053 MMTPA Full Conversion Hydrocracker Project.

The order reinforces L&T's unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum.

L&T has been serving the onshore hydrocarbon sector since early 1990s. The company's track record includes successful completion of several challenging projects for domestic and International Clients.

Shares of the company gained Rs 13.1, or 1.1%, to trade at Rs 1,203.15. The total volume of shares traded was 18,554 at the BSE (9.33 a.m., Thursday).

Larsen & Toubro Limited   (Q,N,C,F)*

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