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L&T bags Rs 187-cr contract from China

Our Bureau

Mumbai , Aug. 24

LARSEN & Toubro's heavy engineering division has won its third successive contract from China for the supply of critical coal gasification equipment, a news release from the company said.

The contract from the Shenhua group is worth Rs 187 crore. With the earlier contracts valued at Rs 200 crore for similar systems for fertiliser and methanol projects in central China and a contract for reactors of Rs 65 crore for petrochemical projects, this brings the total value of orders secured from China to Rs 452 crore for the company.

As part of the new contract, L&T will design and build two sets of coal gasifiers, conforming to the Shell coal gasification process technology for the plant in Northern China. The Shenhua group, which directly reports to the central leadership of the Chinese Government, owns 6,000 MW of power generation capacity and is also the largest coal producer in that country.

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