Business Daily from THE HINDU group of publications Saturday, Sep 15, 2007 ePaper |
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Corporate
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New Business
Our Bureau Mumbai, Sept. 14 The ECC division of Larsen and Toubro, in consortium with Outotec GmbH, Germany, has bagged a Rs 762-crore sinter plant order from Steel Authority of India Ltd (SAIL). A plant of 2 X 204 square metre grate area with a capacity of 3.8 million tonne per annum capacity is to be executed on a turnkey basis at SAIL’s IISCO Steel Plant (ISP) at Burnpur, West Bengal. The order value for L&T is Rs 639.99 crore and €22.08 million for Outotec, a company release said. Crude steel expansionThe new sinter plant will be part of SAIL’s crude steel expansion programme at ISP by 2.5 mtpa. The project is to be completed in about 30 months. Outotec’s responsibility includes basic engineering, supply of proprietary and special equipment as well as technical services, while L&T will take care of detail engineering, supply of indigenous mechanical, electrical and instrumentation works and complete site services that include civil, structural and erection works. Other projectsL&T and Outotec are executing a 2.3-mtpa sinter plant on a turnkey basis at Tata Steel, Jamshedpur, and the work is nearing completion. More Stories on : New Business | Larsen & Toubro Ltd | Steel Authority of India Ltd | Steel
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