L&T wins ‘large’ contract from Indian Oil for capacity expansion at Barauni Refinery

New Delhi: Engineering and construction giant Larsen & Toubro on Wednesday said it has won a ‘large’ contract from the Indian Oil Corporation for capacity expansion of IOC’s Barauni Refinery in Bihar. The project won by company arm L&T Hydrocarbon Engineering involves engineering, procurement, construction and commissioning for 9 million tonne per annum (MTPA) Atmospheric & Vacuum Distillation Unit.

Though the company did not specify the exact amount of the contract, as per its specification it ranges between Rs 2,500 crore and Rs 5,000 crore. “The EPCC contract is for setting up a new 9 MTPA Atmospheric & Vacuum Distillation Unit (AVU) and allied facilities (EPCC-1 Package) for Barauni Refinery Capacity Expansion Project at IOCLNSE 0.55 %’s Barauni Refinery, Bihar. The capacity of Barauni Refinery is being augmented from current installed capacity of 6 MTPA to 9 MTPA,” the company said in a statement.