HomeNewsBusinessL&T Hydrocarbon Engineering bags onshore contract from HPCL-Mittal Energy

L&T Hydrocarbon Engineering bags onshore contract from HPCL-Mittal Energy

L&T's scope of work under the contract includes project management, residual engineering, procurement and supply of cracker furnace systems, components and auxiliaries.

July 17, 2018 / 12:42 IST
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L&T Technology Q4 | Profit rose to Rs 204.8 cr vs Rs 191.5 cr, revenue rose to Rs 1,446.6 cr versus Rs 1,343.1 cr YoY. (Image: Reuters)
L&T Technology Q4 | Profit rose to Rs 204.8 cr vs Rs 191.5 cr, revenue rose to Rs 1,446.6 cr versus Rs 1,343.1 cr YoY. (Image: Reuters)

L&T Hydrocarbon Engineering has bagged an onshore EPC contract from HPCL-Mittal Energy for setting up cracker furnaces at their Bathinda Refinery in Punjab. "L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has won a significant onshore EPC contract from HPCL-Mittal Energy for setting up 07 cracker furnaces of 1200 KTPA dual feed cracker unit (DFCU) at their Bathinda Refinery in Punjab," Larsen and Toubro said in a BSE filing.

L&T's scope of work under the contract includes project management, residual engineering, procurement and supply of cracker furnace systems, components and auxiliaries.

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Shares of Larsen and Toubro were trading 0.25 percent lower at Rs 1,279.35 apiece on the BSE in the morning trade today.

PTI
first published: Jul 17, 2018 11:50 am

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