L&T wins Rs 542 cr order from IOC
Construction and engineering major L&T bags Rs 542 crore order from IndianOil.
By INDIATIMES NEWS NETWORK |
MUMBAI: Larsen & Toubro Ltd has bagged a Rs 542-crore order from state run IndianOil Corporation Ltd for motor spirit quality upgradation unit located at the latter's Panipat refinery in Haryana.
The unit comprises a light naptha hydrotreating unit, an isomerisation unit, a reformer splitter and associated utilities and offside facilities, to meet the Euro IV norms.
IOC plans to operate this unit and necessary utilities as part of its fuels upgradation project.
At 12:12 pm on BSE, L&T shares were at Rs 2,405, down 0.45 per cent from Monday’s close.
The unit comprises a light naptha hydrotreating unit, an isomerisation unit, a reformer splitter and associated utilities and offside facilities, to meet the Euro IV norms.
IOC plans to operate this unit and necessary utilities as part of its fuels upgradation project.
At 12:12 pm on BSE, L&T shares were at Rs 2,405, down 0.45 per cent from Monday’s close.
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