Stock Report

L&T Bags EPCC Order for Methanol Reformer Package at RCF Chembur



Posted On : 2007-09-17 00:22:34( TIMEZONE : IST )

L&T Bags EPCC Order for Methanol Reformer Package at RCF Chembur

Larsen & Toubro Ltd (L&T) has announced that the Company has been awarded an order for Methanol Reformer package as a part of 'Trombay Methanol Revamp Project' for Rashtriya Chemicals and Fertilizers Ltd (RCF), Chembur.

This project is of paramount importance to RCF in order to enhance overall energy efficiency, reliability and life of the methanol plant along with augmentation of capacity from present 180 TPD to 220 TPD of methanol product. The Owner has retained M/s. Haldor Topsoe A/S of Denmark as the process licensor and Projects & Development India Ltd (PDIL) as the Project Consultant.

This order, valued at Rs 77 crores, comprises the Detailed Engineering, Procurement, Supply, Transportation, Storage, Fabrication, Inspection, Construction, Installation, Testing, Mechanical Completion and Assistance for Pre-Commissioning, Commissioning and Performance Guarantee Test Runs for the said project.

The order was bagged by the Company against stiff competition from internationally reputed Reformer suppliers, on the strength of its track record in execution of similar projects meeting strict quality requirements and conforming to stringent delivery schedule.

The Stock was trading at Rs.2593, up by Rs.1 or 0.04%. The stock hit an intraday high of Rs.2650 and low of Rs.2585.10. The total traded quantity was 251870 compared to 2 week average of 180508.

Source : Equity Bulls

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