L&T Heavy Engineering bags international contracts in Q4
The Heavy Engineering arm of Larsen & Toubro has bagged international contracts in Q4 of fiscal 2020.
It bagged 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, the company said.
The deal is estimated to be between Rs 1000 crore and Rs 2,500 crore.
Other orders include Reactors and Heat Exchangers for Process Plant and Nuclear Power sectors against global competition. During the year international orders were bagged mainly from the US, Canada, Mexico, West Asia and South-East Asia, L&T said.
