L&T Hydrocarbon Engineering Awarded Two Significant Contracts for Ethylene Glycol Project by IOCL
Deepthi | Myequity news | Date : 31-01-2019 10:35:00 IST
L&T Hydrocarbon Engineering Limited (LTHE), a wholly owned subsidiary of Larsen and Toubro, has won two significant orders from Indian Oil Corporation Limited (IOCL).
The engineering, procurement, construction and commissioning (EPCC) contracts are for setting up Mono Ethylene Glycol (MEG) Plant and Ethylene Recovery Unit (ERU) under LSTK-1 Package, associated Offsite and Utilities under LSTK-2 Package at IOCL Paradip Refinery (Odisha). MEG plant is licensed by Scientific Design with a capacity of 357 KTA while ERU is licensed by Lummus Technology (now McDermott) with a capacity of 180 KTA.
Both the projects, awarded through international competitive bidding, are on Lump Sum Turn Key (LSTK) basis and shall be executed concurrently.
Ethylene Oxide reactor, columns and other critical equipment for the project will be fabricated in house at Larsen a Toubro's manufacturing facilities. Mr. Subramanian Sarma, MD and CEO, LTHE
said, "L&T has a Proven Track Record of over 25 years in the refinery and petrochemical sector and bagging these two orders from IOCL reinforces our integrated capabilities in executing critical plants for petrochemical and refinery segments."
Organized under Offshore, Onshore, Construction Services, Modular Fabrication and Engineering Services verticals, LTHE delivers 'design to build' engineering and construction solutions across the hydrocarbon spectrum. About Larsen and Toubro:
Larsen and Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services. It operates in over 30 countries worldwide.