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

Digboi Refinery (Upper Assam) Photo Indian Oil Corporation

Posted by Joseph R Fonseca

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)

Feb 26, 2017

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