L&T secures Rs 542 cr order from IndianOil
New Delhi   11-Jul-2007
Engineering major Larsen & Toubro (L&T) said it has secured an Rs542 crore order from IndianOil for construction related works. At its Panipat refinery. The order is for the Motor Spirit Quality (MSQ) up gradation unit located at IndianOil's refinery at Panipat in Haryana, its associated utilities and offside facilities to meet Euro IV norms, LST said in a filing to the Bombay Stock Exchange. IOC intends to operate this MSQ up gradation unit and necessary utilities and offside as part of their fuels up gradation project, it added. Jacobs H&G Pvt. Ltd has been retained by IOC to provide services for project management consultancy and front-end engineering design. This order comprises the residual process design, detailed engineering, construction, installation, and performance guarantee test runs for the project.