L&T wins Rs1,195 crore orders from ONGC
Moneylife Digital Team 23 August 2010

Construction and engineering company Larsen & Toubro Ltd (L&T) said it has won two projects worth Rs1,195 crore from ONGC Ltd to set up additional processing units (APUs) at Hazira in Gujarat and Uran near Mumbai.

The APU project in Uran shall increase the gas processing capacity of ONGC by 5 million metric standard cubic metre per day (mmscmd). The additional gas processing facilities (AGPF) project in Hazira shall increase the gas processing capacity of ONGC by 5.6 mmscmd. The scope of the contract includes precommissioning and commissioning of new process units, offsite and utilities to the owner. L&T said in a regulatory filing.

On Monday, L&T shares ended marginally higher at Rs1,872 on the Bombay Stock Exchange, while the benchmark Sensex closed flat at 18,409 points.

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