New Delhi, Jan 31 (PTI) L&T Hydrocarbon Engineering, a wholly-owned subsidiary of engineering major Larsen & Toubro, Thursday said it has won two orders from Indian Oil Corporation Ltd (IOCL).Also Read - Mahesh Babu's U-Turn on 'Bollywood Can't Afford Me' Statement: 'He Respects All Languages'
“The engineering, procurement, construction and commissioning (EPCC) contracts are for setting up mono ethylene glycol (MEG) plant and ethylene recovery unit (ERU)…at IOCL Paradip Refinery (Odisha),” Larsen & Toubro said in a BSE filing. Also Read - Mahesh Babu's Produced Major To Release in Cinemas Worldwide This Sankranthi
Both the projects, awarded through international competitive bidding, are on lump sum turn key basis and shall be executed concurrently, the company added. Also Read - Pets Are Back! First Dogs Champ & Major Officially Move in to White House, Pictures Go Viral
Larsen & Toubro, however, did not reveal the value of the orders received.
Shares of Larsen & Toubro were trading 0.48 per cent higher at Rs 1,301.55 apiece on BSE.
This is published unedited from the PTI feed.