BackL&T led consortium bags Rs1,205 cr order from Bhushan Steel
L&T led consortium bags Rs1,205 cr order from Bhushan Steel
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Mumbai: Engineering and construction major Larsen & Toubro Ltd (L&T) along with Italy-based Paul Wurth has bagged Rs1,205 crore order from Bhushan Steel for construction related work at the latter’s Angul plant.
The order was bagged for turnkey construction of a 2.5 million TPA blast furnace for Bhushan Steel’s Anugul plant in Orissa, scheduled to be completed in 28 months commencing from December.
L&T’s share in this project was pegged at Rs760.5 crore, the company said in a filing to the Bombay Stock Exchange.
The Italian firm Paul Wurth’s, scope of work covers basis engineering, supply of proprietary and special equipment while L&T would undertake detail engineering, supply of indigenous mechanical, electrical and instrumentation works.
In a span of two years, this is the company’s third successive order for the construction of large capacity blast furnaces.
L&T-Paul Wurth consortium is presently executing a 2.5 million TPA (MTPA) blast furnace on turnkey basis for Tata Steel at Jamshedpur, which is nearing completion.
Besides, the consortium bagged yet another order from Tata Steel for a 3.2 MTPA blast furnace at its Kalinganagar Project. Also, work on the 2.5 MTPA blast furnace for the public sector unit, RINL, Vishakapatnam has commenced.
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