L&T bags Rs.1000 crore hi-tech equipment orders in power, oil sectors

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The orders are related to hi-tech equipments and systems, the company said in a regulatory filing.

While Tata Power Company Ltd's subsidiary Coastal Gujarat Power Ltd (CGPL) has placed orders for supply of Surface Condensers, Feed Water Heaters & Deaerators for its Ultra Mega Power Plant (UMPP), HPCL Mittal Energy Ltd, Bhatinda (HMEL) has placed orders for critical reactors.

Major export orders include supply of coke drums for Kuwait National Petroleum Company (KNPC), Kuwait; high pressure heat exchangers for Petroleo Brasileiro, Brazil; ammonia converters from UHDE, Germany; and reactors from PTT Asahi Chem Co. Ltd, Thailand.

"The orders have been won against stiff international competition from Italian, Japanese & Chinese manufacturers, and will be executed by L&T's Heavy Engineering Division (HED)," the company said in a statement.

"L&T has supplied several critical reactors and high pressure heat exchangers to refinery and petrochemical majors in US, Canada, Europe and China, and has developed capabilities to design and manufacture the new generation Cr-Mo-V equipment for global markets," it added in its regulatory filing.

According to M. V. Kotwal, member of the board and senior executive vice president (Heavy Engineering Division), L&T, the demand for such critical hi-tech equipment in the country as well as abroad is on the rise. "We are expanding our manufacturing facilities at Hazira in Gujarat and setting up a new facility at Oman, to cater to the rising demand," the company statement cited him as saying.

ABOUT LARSEN & TOUBRO

Larsen & Toubro (L&T) is a $7 billion technology, engineering and construction company with global operations. It is one of the largest and most respected companies in India's private sector.

A strong, customer-focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business across seven decades. L&T has distinguished records of achievements including the world's largest coal gasifier made in India and exported to China, India's first indigenous hydrocracker reactor, oil and gas platform projects executed to global benchmarks and the world's largest Continuous Catalyst Regeneration reactor.