L&T Heavy Engineering Awarded (*Significant) Contracts
The Heavy Engineering arm of Larsen & Toubro has won significant contracts in Q4 of FY20.
The unit secured orders for Key Gasification Equipment from Wuhan Engineering Ltd, China against stiff Chinese competition for Talcher Fertilizer, which is the first-of-its-kind Coal gasification project in India. It will produce 1.27 MMTPA of Urea through the gasification of the mixed feedstock of Indian coal with high ash content and pet coke. It is noteworthy to mention that Heavy Engineering has already delivered Key Gasification Equipment for Indian, Chinese and Vietnam markets in the past.
Other notable orders include Reactors and Heat Exchangers for Process Plant and Nuclear Power sectors against global competition. During the year International orders were secured mainly from the US, Canada, Mexico, the Middle East and South-East Asia.
Commenting on the orders, Mr Anil V Parab, Executive Vice President and Head, L&T Heavy Engineering said “Financial Year 2020 has been yet another significant year for L&T Heavy Engineering and the team secured various orders of Critical Reactors both from international as well as domestic markets. Customers have reposed their confidence in our reliable performance through several repeat orders. Our focus on organizational excellence coupled with digitalization helped us to deliver value to our customers”.
L&T Heavy Engineering has got state-of-the-art, fully integrated, world-class manufacturing facilities at Hazira (Surat), Powai (Mumbai) and Vadodara. The Heavy engineering business of L&T has a proven track record of supplying technology-intensive equipment and systems to global customers in Refinery, Oil & Gas, Petrochemicals, Fertilizers and Nuclear Power industries.