L and T arm bags Rs 1,100 crore contract from IOC

Larsen & Toubro’s hydrocarbon arm has bagged an order worth `1,100 crore to build an Indmax project for state-run Indian Oil Corporation, the engineering major said on Saturday.
L and T arm bags Rs 1,100 crore contract from IOC

NEW DELHI:  Larsen & Toubro’s hydrocarbon arm has bagged an order worth Rs 1,100 crore to build an Indmax project for state-run Indian Oil Corporation, the engineering major said on Saturday. The order entails setting up a 0.740 million ton per annum Fluidised Cracking Unit (FCC) including LPG Treatment Facility at their Bongaigaon Refinery, Assam. 

Larsen and Toubro Hydrocarbon Engineering Ltd is a wholly-owned subsidiary of engineering major Larsen and Toubro (L&T).

“The company has bagged an onshore EPC contract from IOC worth around Rs 1,100 crore for setting up a 0.740 MMTPA Fluidised Cracking Unit (FCU) including LPG treatment facility at their Bongaigaon refinery, Assam,” it said.

L&T Hydrocarbon Engineering will be responsible for extending basic engineering, detailed engineering, supply, procurement and installation, among others. The firm said it won the contract through competitive bidding process that saw participation from global EPC organisations.

The process licensor for the Indane Maximisation (INDMAX) unit is Lummus Technology, the company said, adding that Merichem, US, is the the process licensor for the LPG treatment unit.

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