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Mumbai, July 1 Larsen & Toubro has bagged two hydrocarbon projects cumulatively worth Rs 651 crore. The company will build a greenfield refinery project at Bathinda for HPCL-Mittal Energy Ltd (HMEL) valued at Rs 440 crore.

The other order is from Engineers India Ltd for the supply and construction of a reactor and regenerator system valued at Rs 211 crore for the fluidised catalytic cracking (FCC) unit of Mangalore Refinery and Petrochemicals.

The HMEL project involves construction of electro-mechanical sections for seven process units for the Guru Gobind Singh Refinery project which is scheduled to be completed in 17 months.

Currently, L&T is executing a hydrogen package at Bathinda on lumpsum turnkey basis valued at Rs 700 crore.

The MRPL job includes supply and erection of reactor, regenerator, and orifice chamber with structural, refractory lined piping works including painting, insulation and refractory works for FCC unit for phase III of the refinery project to be completed in 24 months.

L&T will supply critical process equipment valued at Rs 106 crore for the project. Site erection work is valued at Rs 105 crore.

On the BSE, the company’s shares closed flat at Rs 1,574.25 on Wednesday.

More Stories on : New Business | Engineering | Larsen & Toubro Ltd

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