Mumbai, Apr 7: Larsen&Toubro Ltd (L&T) has secured an order valued at Rs 368 crore (USD 82 million) from a major power generation company in China for supply of critical gasification equipment.
The company informed the Bomaby Stock Exchange (BSE) today.
It will supply three sets of gasification equipment to Datang International Power Generation Company Ltd for its coal based olefin project in Duolun country, Inner Mongolia. The equipment will be based on the reputed process technology of Shell Global Solutions.
''As one of only two manufacturers worldwide that has the capability to manufacture this critical equipment, the company has demonstrated India's superiority in design and manufacture of high technology engineering products,'' the company stated.
The company manufactured equipments will help produce 1.5 million tonnes per annum (TPA) of methanol, to be subsequently converted into propylene and further into polypropylene. It will complete despatch of equipment by September 30 next year and depute its engineers and skilled workforce to Duolun to complete assembly of the despatched sections by February 15, 2008.
The company's Heavy Engineering Division, which has completed supply of Coal Gasification Equipment for a 500,000 TPA Ammonia plant of Yuntianhua Group is currently executing orders for Coal Gasification Equipment for a 500,000 TPA Methanol plant for Zhongyuan Project and a 20,000 barrel per day (BPD) crude equivalent Direct Coal Liquefaction Plant of the Shenhua Group.
With this contract, the cumulative order booking of the company's Heavy Engineering Division from China exceeds USD 220 million.