Larsen & Toubro wins ‘significant’ contracts in January-March quarter of 2020
NEW DELHI: Larsen & Toubro on Thursday said its heavy engineering arm has won ‘significant’ contracts in the January-March quarter of this year including a coal gasification project. Though the company did not specify the exact amount of the orders, an order under the ‘significant’ category ranges between Rs 1,000 crore and Rs 2,500 crore.
“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 MTPA (million tonne per annum) of Urea through the gasification of the mixed feedstock of Indian coal with high ash content and pet coke,” the company said in a statement.
