L&T wins Rs 2,100 cr contracts from HPCL, Reliance Industries

Image
Press Trust of India New Delhi
Last Updated : Jan 01 2018 | 6:35 PM IST
Infrastructure major Larsen & Toubro (L&T) today said it has won a Rs 2,100 crore contracts from Hindustan Petroleum Corporation Ltd (HPCL) and Reliance Industries.
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of L&T, has secured a major EPC (engineering, procurement, construction) contract for crude distillation and vacuum distillation unit (CDU & VDU) from HPCL, Visakhapatnam Refinery, and an extension to an ongoing contract for Reliance Industries, Jamnagar, both adding to approx 2,100 crore, L&T said in a statement.
The 9 MMTPA CDU & VDU project is a part of HPCL's Visakh Refinery Modernisation Project (VRMP) and involves engineering, procurement, construction and commissioning, it said.
The order reinforces LTHE's unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum, it added.
LTHE has been serving the onshore hydrocarbon sector since early 1990s.
"The companys track record includes successful completion of several challenging projects for domestic and international clients," the statement said.
Larsen & Toubro is Indian multinational firm engaged in technology, engineering, construction, manufacturing and financial services with over USD 17 billion in revenue.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 01 2018 | 6:35 PM IST

Next Story