Company's wholly owned subsidiary of the company has been awarded a Large Project by Indian Oil Corporation Limited (IOCL)
Larsen and Toubro gained nearly 4 percent intraday on April 8 after the company's subsidiary won a contract from Indian Oil Corporation.
L&T Hydrocarbon Engineering, a wholly-owned subsidiary of the company, has been awarded a Large Project by Indian Oil Corporation Limited (IOCL).
The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a new 9 MMTPA Atmospheric & Vacuum Distillation Unit (AVU) and allied facilities (EPCC-1 Package) for Barauni Refinery Capacity Expansion Project at IOCL's Barauni Refinery, Bihar.
The capacity of Barauni Refinery is being augmented from the current installed capacity of 6.0 MMTPA to 9.0 MMTPA.
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First Published on Apr 8, 2020 11:02 am
