📋 Tender Overview
The Heavy Engineering arm of Larsen Toubro has won several contracts in Q2 of FY23. Some of these marquee contracts secured from prestigious clients demonstrate LTs hi-tech manufacturing capabilities.In the global market LT Heavy Engineering secured a key order for the supply of Reactors for renewable diesel production from a prestigious client in Singapore. This project will further strengthen the green product portfolio of the business. The business also secured a repeat order for the supply of four identical Coke Drums for a refinery in Mexico. In the petrochemicals segment the business won two large critical Tubular Reactors from a global petrochemical major for their project in China. All the orders were won against stiff international competition on the back of reliable performance.On the domestic front LT Heavy Engineering successfully bagged multiple strategic orders for IOCLs Panipat P25 Project. This consists of a first-of-its-kind reactor site welded integrated critical Cr-Mo-V and high-pressure heat exchangers to be manufactured by any Indian heavy engineering equipment manufacturer. The contract also includes manufacturing of LC Finning Cr-Mo-V Reactor for Residue Hydrocracker Unit RHCU using Axens Technology and Loop Reactor using LlyondellBasell Technology. These pieces of heavy engineering equipment are also a first-of-their-kind to be made by any Indian manufacturer signifying a big boost to the Atmanirbhar Bharat mission.
