L&T hydrocarbon business bags significant order worth Rs 1,000- 2,500 crore

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The plants will be built under a technology license from CASALE S.A. which is a privately owned company from Lugano, Switzerland...

Larsen & Toubro (L&T), on Monday, announced that it has secured a significant order in the range of Rs 1,000 to Rs 2,500 crore for its hydrocarbon business under its AdVENT (Advanced Value Engineering and Technology) business vertical..

The order is for license plus engineering, procurement and construction (L EPC) of a Technical Ammonium Nitrate (TAN) plant along with Weak Nitric Acid (WNA) plant at Gadepan, Kota, Rajasthan from Chambal Fertilisers and Chemicals Limited (CFCL), a leading fertilizer company in India, the company said in a regulatory filing...

According to the company statement, mega project implies an order worth more than Rs 7,000 crore, major project is worth Rs 5,000- Rs 7,000 crore, large project means order in the range of Rs 2,500 and Rs 5,000 crore, and the significant project means order worth Rs 1,000- Rs 2,500 crore...

Earlier last month, L&T announced that it had won major contracts in the range of Rs 5,000- Rs 7,000 crore for its hydrocarbon business, from an overseas client..

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