Published On:May 22 2018
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L&T Hydrocarbon bags Rs. 3,800-crore worth orders.
L&T Hydrocarbon Engineering (LTHE), a subsidiary of Engineering and Construction major Larsen & Toubro Ltd. (L&T), in consortium with UK-headquartered Technip FMC providing subsea, onshore, offshore, and surface technologies bagged two contracts from Hindustan Urvarak and Rasayan Ltd. (HURL).
HURL is a joint venture of Coal India Ltd. (CIL), NTPC Ltd.(NTPC) and Indian Oil Corporation Ltd.(IOCL) as the lead promoters with Fertilizer Corporation of India Ltd. (FCIL) and Hindustan Fertilizer Corporation Ltd. (HFCL) as other two partners incorporated in 2016.
According to L&T's regulatory filing, the engineering, procurement, construction and commissioning (EPCC) contracts won by the join venture are for setting up two fertiliser plants of 2,200 TPD ammonia and 3,850 TPD urea at Barauni in Bihar and Sindri in Jharkhand.
LTHE scope of work, worth above Rs. 3,800 crore, consists of two 2,200 TPD Ammonia plants, the company added. The plants will be based on ammonia technology of Haldor Topsoe, Denmark, and urea technology of Saipem, Italy.
'Bagging these two orders from HURL reinforces our integrated capabilities in executing critical plants for fertilisers, refinery and petrochemical segments,' Subramanian Sarma, MD & CEO, LTHE, said commenting on the development.
LTHE specialises in engineering and construction solutions across the hydrocarbon spectrum, including organized under offshore, onshore, construction and other services.
HBL