L & T bags Rs 267 crore order

Larsen & Toubro has secured two major contracts cumulatively valued at Rs 267 crore from Indian Oil Corporation (IOCL) and Liaoning Huajin Chemical Corporation, China for their capacity expansion projects. The orders have been won against stiff international competition and will be executed by the company’s heavy engineering division (HED).

One of these contracts is for coke drums of foster wheeler design, for the residual upgradation & MS/HSD improvement project at IOCL Gujarat. Each of these coke drums weigh 520 MT & is made up of special grade steel, viz., Cr-Mo steel with stainless steel (SS410) overlay. The company had earlier manufactured & supplied critical Hydrocracker Reactor & VSS Reactor for IOCL, Gujarat.