Larsen & Toubro wins Rs 1,600 cr order from HPCL

Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery.

The project involves Engineering, Procurement, Construction and Commissioning of 3 million tonne per year Full Conversion Hydrocracker Project.

The order was awarded L&T Hydrocarbon Engineering Limited, a wholly owned subsidiary of the company and is a part of HPCL Visakh Refinery Modernisation Project.

L8tT has in the onshore hydrocarbon sector since early 1990s, both in India and outside India.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with $1.7 billion in revenue. It operates in over 30 countries.