L&T bags order worth Rs 987 cr from GNFC

MUMBAI: Engineering and construction major Larsen & Toubro on Monday said it has bagged an order worth Rs 987 crore from Gujarat Narmada Valley Fertilisers Company Ltd (GNFC) for setting up a gas generation plant at Gujarat.

The company has received an order from GNFC for "setting up a 1,120 metric tons per day (MTPD) ammonia equivalent, natural gas-based synthesis gas generation plant at Bharuch, Gujarat in June 2012," Larsen & Toubro (L&T) said in a filing to the Bombay Stock Exchange.

The scope of the work includes engineering, construction, testing and commissioning of the plant.

GNFC is in the business of manufacturing and selling fertilisers and chemicals and has an existing ammonia plant, the filing added.

Shares of Larsen & Toubro were trading at Rs 1,688.05 on the BSE, up 0.52 per cent from previous close.