Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 February, 2018 01:45 IST
Larsen & Tubro bags order worth over Rs 16 bn
Source: IRIS | 07 Dec, 2017, 09.47AM
Comments  |  Post Comment

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Engineering and Construction major, Larsen & Toubro (L&T), has won an order worth over Rs 16 billion from Hindustan Petroleum Corporation, Visakhapatnam Refinery.

The project is a part of HPCL Visakh Refinery Modernisation Project (VRMP) and involves Engineering, Procurement, Construction and Commissioning of 3.053 MMTPA Full Conversion Hydrocracker Project.

The order reinforces L&T's unique capability to deliver 'design to build' engineering and construction solutions across the hydrocarbon spectrum.

L&T has been serving the onshore hydrocarbon sector since early 1990s. The company's track record includes successful completion of several challenging projects for domestic and International Clients.

Shares of the company gained Rs 13.1, or 1.1%, to trade at Rs 1,203.15. The total volume of shares traded was 18,554 at the BSE (9.33 a.m., Thursday).



Larsen & Toubro Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Cut Govt stake in banks below 50%: Assocham - 19-Feb-2018 10:28
Glenmark Pharma presents findings from Phase 2a study of GBR 830 - 19-Feb-2018 10:10
L&T Construction secures order worth Rs 16.80 bn - 19-Feb-2018 09:52
Dilip Buildcon secures EPC road project worth Rs 6.70 bn - 16-Feb-2018 15:39
BHEL commissions 18 MW hydro-electric project in Punjab - 16-Feb-2018 13:33
Reliance Communication update on asset monetization - 16-Feb-2018 12:06
8K Miles Software launches blockchain platform 8K Health Edge - 16-Feb-2018 10:16
Mahindra Group to invest Rs 1.76 bn in Zoomcar - 16-Feb-2018 10:06
India Grid Trust acquires 3 project SPVs - 16-Feb-2018 09:56
Larsen & Toubro bags orders worth Rs 15.85 bn - 15-Feb-2018 13:11
Rajesh Exports wins export order worth Rs 8.73 bn - 15-Feb-2018 12:36
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer