Thursday, April 26, 2018

L&T wins $165 mln contract from refiner Indian Oil Corp

Posted by February 26, 2017

Digboi Refinery (Upper Assam) Photo Indian Oil Corporation

A unit of Indian engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth 11 billion rupees ($165 million), it said in a statement on Saturday.

L&T Hydrocarbon Engineering won the contract for setting up a 0.74 million metric tonne per annum fluidised cracking unit, including a liquefied petroleum gas treatment facility at IOCL's Bongaigaon refinery in the eastern Indian state of Assam.

($1 = 66.6200 Indian rupees)

(Reporting by Aditi Shah; Editing by Shri Navaratnam)

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