L&T arm bags orders worth INR 1,600 cr
The heavy engineering arm of Larsen and Toubro (L&T) has won orders worth Rs 1,600 crore to supply heavy equipment to refining, petrochemical and LNG industries.
"With firming up of oil prices, we are witnessing good traction in global greenfield and brown-field hydrocarbon projects.
"L&T Heavy Engineering is well poised in this critical segment with a strategic edge in technology as well as scale and by leveraging its integrated heavy forging facility," said Shailendra Roy, Whole-Time Director, Power, Heavy Engineering & Nuclear, L&T.
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