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Larsen and Toubro (L&T) Ltd. on Friday, May 8, said its energy hydrocarbon onshore vertical secured a 'significant' engineering procurement and construction (EPC) order from Bharat Coal Gasification and Chemicals Ltd. (BCGCL) for a coal-to-ammonium-nitrate project in Odisha.
BCGCL is a joint venture of Coal India Ltd. and Bharat Heavy Electricals Ltd. (BHEL).
L&T classifies orders in the 1,000 crore to 2,500 crore range as 'significant'.
Earlier this week as well, L&T had won a 'large' order from BCGCL for a coal-to-ammonia-nitrate project in Odisha.
The order is a lump sum turnkey package-3. The ammonia plant will play a pivotal role in enabling the downstream manufacture of nitric acid and ammonium nitrate, ensuring operational efficiency, process reliability and seamless integration across the plant, L&T said.
L&T Onshore will deliver an ammonia synthesis unit designed for sustained operations, high-on-stream factors, and stringent safety standards, aligned with evolving industry benchmarks, it said.
The scope of work includes the process licence, basic design, detailed EPC, covering mechanical completion, pre-commissioning, commissioning, sustained load and performance guarantee test runs, overall project management and final handover of the unit and its associated facilities on LSTK basis with single-point responsibility, L&T said.
"The development of indigenous ammonia capacity through coal-based routes strengthens supply resilience and supports downstream industrial ecosystem" Subramanian Sarma, the deputy MD and president of L&T, said.
L&T shares were trading 0.9% lower at 3,988 apiece around 10.35 am on Friday. The stock has declined 3.7% this year, so far.
Also Read: Britannia shares fall 5%, among top broader market losers after Q4 earnings miss
BCGCL is a joint venture of Coal India Ltd. and Bharat Heavy Electricals Ltd. (BHEL).
L&T classifies orders in the 1,000 crore to 2,500 crore range as 'significant'.
Earlier this week as well, L&T had won a 'large' order from BCGCL for a coal-to-ammonia-nitrate project in Odisha.
The order is a lump sum turnkey package-3. The ammonia plant will play a pivotal role in enabling the downstream manufacture of nitric acid and ammonium nitrate, ensuring operational efficiency, process reliability and seamless integration across the plant, L&T said.
L&T Onshore will deliver an ammonia synthesis unit designed for sustained operations, high-on-stream factors, and stringent safety standards, aligned with evolving industry benchmarks, it said.
The scope of work includes the process licence, basic design, detailed EPC, covering mechanical completion, pre-commissioning, commissioning, sustained load and performance guarantee test runs, overall project management and final handover of the unit and its associated facilities on LSTK basis with single-point responsibility, L&T said.
"The development of indigenous ammonia capacity through coal-based routes strengthens supply resilience and supports downstream industrial ecosystem" Subramanian Sarma, the deputy MD and president of L&T, said.
L&T shares were trading 0.9% lower at 3,988 apiece around 10.35 am on Friday. The stock has declined 3.7% this year, so far.
Also Read: Britannia shares fall 5%, among top broader market losers after Q4 earnings miss
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