• Saturday, April 20, 2024

Business

India’s L&T Wins Orders Worth £107.97 Million in September Quarter

The orders include three super heavy hydrocracking reactors for an Indian refinery, with heaviest among them weighing 2,180 tonnes, to be built for the first time in the world. (Photo: SAM PANTHAKY/AFP/Getty Images).

By: Radhakrishna N S

The Heavy Engineering arm of Indian multi-national firm Larsen & Toubro (L&T) has won orders worth Rs 10.5 billion (£107.97 million) in the second quarter of the financial year 2018-19 against stiff global competition. These include three super heavy hydrocracking reactors for an Indian refinery, with heaviest among them weighing 2,180 tonnes, to be built for the first time in the world, the company said in a stock exchange filing on Monday (15). The total order inflow in the first half of the current fiscal for the process plant and nuclear equipment business of heavy engineering has reached Rs 26.61bn,…

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