L&T bags high tech equipment orders worth INR 10,000 million

Sunday, June 22, 2008

The Heavy Engineering Division of Larsen & Toubro Limited has crossed INR 10,000 million of order booking for high tech equipment & systems within 2 months of Q1 2008-09.

Major local contracts include a large order for power plant equipment from Coastal Gujarat Power Limited, a subsidiary of TATA Power Company Limited, for the first ultra mega power plant and another large contract from HPCL Mittal Energy Limited for critical reactors.

The export orders include supply of coke drums for Kuwait National Petroleum Company, high pressure heat exchangers from Petroleo Brasileiro, ammonia converters from UHDE and reactors from PTT Asahi Chem Company Limited of 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.

Coastal Gujarat Power Limited contract includes supply of surface condensers, feed water heaters & deaerators for 5 units each of 800 MW for the UMPP being set up at Mundra in Gujarat. This would be the first UMPP being set up in India with state of the art supercritical technology for this 800 MW configuration. The equipment to be supplied by L&T forms a critical portion of the regenerative cycle of the balance of plant of this UMPP.

The HMEL contract is for 3 critical reactors required for their Punjab Refinery Project at Bathinda. Each of these reactors weigh about 700 tonnes and will be manufactured from advanced technology steels containing chromium, molybdenum and vanadium, with plate thickness up to 165 mm. L&T’s Heavy Engineering Division is amongst a select group of companies qualified for manufacture of such critical equipment.

Mr MV Kotwal member of the board & senior executive VP of heavy engineering division said that the demand for such critical hi tech equipment in India as well as abroad is on the rise. He added that "We are expanding our manufacturing facilities at Hazira in Gujarat and setting up a new facility at Oman, to cater to the rising demand."

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