Larsen & Toubro (L&T) has won a Rs 576 crore order from Hindustan Petroleum Corporation (HPCL).
According to a release issued by L&T to the BSE today, HPCL has awarded L&T a large project order of 200,000 tonnes per annum Lube Oil Base Stock (LOBS) plant consisting of Raffinate Hydrotreating Unit (RHT), Mobil Selective Dewaxing Unit (MSDW) & Hydro Finishing Unit (HF).
HPCL intends to set up this LOBS Plant as a part of their Quality Upgradation project and have awarded the order on Lumpsum Turnkey (LSTK) basis to L&T, the release added. The scope of work for this prestigious LSTK order, valued at Rs 576 crore.
The order was bagged by L&T's E&C division's Refinery Projects Business Unit against keen competition on the strength of its track record of having executed several high operating pressure refinery projects, meeting exacting refinery quality requirements and conforming to stringent delivery schedules.
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