L

New Delhi, Sept 1 (UNI) Engineering and Construction major Larsen&Toubro Ltd (L&T) today said it has bagged a large scale turnkey order of Rs 1150 crore from Indian Oil Corporation Ltd (IOCL) for setting up a captive cogeneration power plant in Panipat, Haryana.

The contract involves project management, engineering, procurement and construction of the power plant for IOCL's naphtha cracker project at its petrochemical complex in Panipat.

The power plant comprises five gas turbines, five heat recovery steam generators, three steam turbines, two utility boilers and sophisticated control systems to ensure uninterrupted supply of power and steam to the naphtha cracker complex. To be commissioned within 32 months, the plant will have an installed capacity of 227 MW of power and over 800 tph of process steam.

This is the second major order won by the company for IOCL's Panipat Cracker Project. The company and the Toyo consortium had earlier made the turnkey for naphtha cracker and associated units.

The company has participated in the setting up several major power generations projects in India and abroad.

UNI DKS CS BS1141