L&T gets Rs542-crore order from IOC
11 Jul 2007
Mumbai: Larsen & Toubro (L&T) has bagged a Rs542-crore order by Indian Oil Corporation (IOC) for construction related works at its Panipat refinery. The order is for upgradation of the motor spirit quality (MSQ) unit located at IOC's refinery at Panipat in Haryana, its associated utilities and offside facilities to meet Euro IV norms, L&T said.
IOC intends to operate this MSQ upgradation unit and necessary utilities and offside as part of their fuels upgradation project, it added.
IOC retained Jacobs H&G Pvt Ltd (JH&G) to provide services for project management consultancy and front- end engineering design. This order comprises the residual process design, detailed engineering, construction, installation, and performance guarantee test runs for the project.
Earlier in September 2006, L&T had Larsen & Toubro Ltd has won a large scale turnkey contract valued at Rs1,150 crore from Indian Oil Corporation Ltd for setting up a captive cogeneration power plant in Panipat.