L&T Heavy Engineering Wins Orders Valued INR 10500 Million
The Heavy Engineering arm of Larsen & Toubro Limited (L&T) has secured additional orders worth INR 10500 million in Q2 FY19 against the stiff global competition. These include three Super Heavy Hydrocracking Reactors for an Indian Refinery, with heaviest among them weighing 2,180 MT, to be built for the first time in the World.
The total order inflow in H1 FY19 for the Process Plant and Nuclear equipment business of Heavy Engineering has reached INR 26610 million, a significant achievement after a prolonged subdued market scenario.
Commenting on the orders, Mr Shailendra Roy, Whole-Time Director (Power, Heavy Engineering & Nuclear), L&T, said, “We see a growing demand in the market due to buoyant crude prices and tightening of emission norms world over. These orders reflect the confidence our clients have in us for supplying such critical Reactors. L&T is committed to deliver these equipment on-time, fully complying with the stringent quality and safety standards. Manufacturing of such Super Heavy Reactors weighing more than 2,000 MT, demands special infrastructure and technologies. Our state-of-the-art Hazira Manufacturing Complex is well poised to cater to such a niche segment.”
- Bagged By:
- Value:INR 10500 Million
- Published On:2018-10-15