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Orders secured by L&Ts heavy engineering unit Indias top engineering and construction company Larsen & Toubro (L&T) announced that its heavy engineering unit has secured significant orders from Saudi Arabia and Kuwait. The company bagged a repeat order from a top oil & gas customer in Saudi Arabia for a Fluid Catalytic Cracking Unit (FCCU) revamp project, the company said in a statement to the Bombay Stock Exchange on Wednesday. The business also won an order from a client in Kuwait to supply critical components for hydrocracker reactors and high-pressure heat exchangers. The exact value of the contracts was not given, but L&T puts the value of significant orders between INR I1000-2500 crores ($116.46- 291.15 million). L&T said on Tuesday that its Power Transmission & Distribution (PT&D) won major orders from Saudi Arabia, UAE and Kuwait. (1 US Dollar =85.87 Indian rupees) |
