L&T Hydrocarbon bags Rs 1100 crore order for Indian Oil's cracking unit

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro (L&T), has bagged an onshore EPC contract from Indian Oil Corporation Limited (IOCL) worth around Rs 1100 crores for setting up a 0.740 MMTPA fluidised cracking unit (FCC) including LPG treatment facility at its Bongaigaon Refinery, Assam. At present, IOCL's Bongaigaon refinery has a capacity of 2.35 million metric tonne per annum (MMTPA).

March last year, Indian Oil Corporation had announced its plan to set up Indmax FCC unit (including LPG treatment) of 0.740 MMTPA with an investment of Rs 2582 at its Boanaigaon refinery. The new unit is