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L&T arm bags orders worth Rs 1,170 crore

L&T said it has secured a lump sum turnkey contract from Indian Oil Corporation valued over Rs 355 crore

Labourers works at the construction site of a residential building in Mumbai. Photo: Reuters
Labourers works at the construction site of a residential building in Mumbai. Photo: Reuters
Press Trust of India New Delhi
Last Updated : Jun 17 2016 | 11:39 AM IST
Larsen & Toubro today said its wholly-owned subsidiary L&T Hydrocarbon Engineering has bagged orders worth Rs 1,170 crore across business verticals.

"L&T Hydrocarbon Engineering Ltd has won orders worth Rs 1,170 crore across its various business verticals," the engineering and construction major said in a BSE filing.

L&T said it has secured a lump sum turnkey contract from Indian Oil Corporation valued over Rs 355 crore.

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It also won contracts worth Rs 500 crore from Reliance Industries and Rs 200 crore contract from Hindustan Mittal Energy for construction services.

L&T said it has also got an order valued at Rs 115 crore from a global EPC contractor in Kuwait.

Shares of the company were trading 0.13% down at Rs 1,489.85 apiece on BSE.

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First Published: Jun 17 2016 | 11:22 AM IST

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