L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro, has bagged an onshore EPC contract of over Rs 650 crore from Gujarat State Fertilisers and Chemicals (GSFC).
The contract is for setting up 40,000-mtpa Melamine Plant at Fertiliser Nagar, Vadodara, L&T said in a statement.
Under the contract, LTHE will carry out extended-basis engineering, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion, pre-commissioning and commissioning of the unit, it added.
GSFC has appointed Casale SA as technology licensor, who is providing the process technology for the plant.
GSFC is the only melamine producer in India and already operates two melamine plants at the same site with an aggregate production capacity of 15,000 tonnes per annum (tpa) and the new plant will boost the capacity to 55,000 tpa.
LTHE has been serving the hydrocarbon mid and downstream sector since early 1990s and has a distinguished track record of executing process plants with comprehensive scope of work and stringent delivery schedules on a lumpsum EPCC basis involving diverse technologies from various process licensors.
Naik said there are over 20 Chief Information Officers
(CIOs) across Group companies, who will sit together to discuss the applications of digital technologies.
The Group's tech arms -- the IPO-bound L&T Infotech and L&T Technology Services which serves the engineering sector -- will also help the companies as part of the exercise, he said.
After the 'digital day' in July, the company will be hosting 'only digital and new-age technology workshop' with professionals from across the world in September, he said.
Speaking at the maiden IPO roadshow for L&T Infotech in the city, Naik said contrary to perception, the company is very important for the Group.
"It is very important, contrary to what many people think that it is not a core business of L&T. According to me, it is the corest of core," he said.
