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MUMBAI: Engineering and construction major Larsen & Toubro on Thursday said it has bagged two orders worth Rs 1,344 crore from Mangalore Refineries and Petrochemicals Ltd (MRPL) for construction-related work in Mangalore.

In a filing to the Bombay Stock Exchange, L&T said the projects have been bagged by the engineering and construction division of the company.

“With this announcement, L&T has booked large orders valued at Rs 5,177 crore this week. This is in addition to several smaller orders secured by the company's other businesses that are not announced,” the company said.

Mangalore Refinery and Petrochemicals (MRPL) is a subsidiary of Oil and Natural Corporation (ONGC).

The project includes constructing a diesel hydro-treating unit and a 70,000 tonnes per annum hydrogen-generation unit (HGU) to increase refinery capacity and also to improve the diesel fuel quality to achieve Euro IV specifications. Work includes designi ng, supplying and commissioning the projects, the filing added.

The company has also bagged two orders totalling Rs 1,143 crore from Tata Steel for construction-related works. In a filing to the Bombay Stock Exchange, L&T said its Metallurgical, Material Handling and Water Operating division would execute these orde rs.

The first order comprises of Rs 689 crore for construction of dry crushing and material preparation plant (DCMP) and engine-on-load (EOL) scheme while the other project order valued at Rs 454 crore is for constructing iron ore and pellet handling system, both at Jamshedpur.

The scope of work includes engineering, testing and commissioning of projects, the filing added. These projects would be executed in a schedule of 30 months for the DCMP project, 24 months for EOL scheme and 23 months for iron ore and pellet handling sy stem, it said.

L&T is already implementing blast furnace and pellet plant packages for three MTPA (million tonne per annum) expansion project of Tata Steel at Jamshedpur. With the bagging of above orders, L&T has emerged as the major partner of Tata Steel in the imple mentation of three MTPA expansion project, it added.

Shares of L&T were trading at Rs 718.50, up 6.84 per cent on the BSE. - PTI

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