INDIA BUSINESS WORLD - March 16th - March 31st - 2008
LARSEN & TOUBRO BAGS RS 170CR ORDER FROM CHINESE FIRM
Larsen & Toubro has said it has bagged a € 28-million (about Rs 170 crore) contract from a Chinese firm for supply of gasification equipment. The heavy engineering division of L&T would supply coal gasifier and syngas cooler assembly to Hebi Coal and Electricity, a subsidiary of Zhongyuan Coal Chemical Industry, for utilisation in its methanol plant, L&T informed BSE. The company’s manufactured equipment would help produce six lakh tonnes per annum of methanol, it said. The equipment would be manufactured at L&T’s Powai and Hazira facilities. The gasifier assembly would be the world’s largest and heaviest weighing about 1,740 MT, the filing added.
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