L&T bags order for Titanium Clad Oxidation Reactor from Technip Energies

The Heavy Engineering arm of Larsen Et Toubro has won all order for Oxidation Reactor from Technip Energies-India against stiff global competition. This order for the technologically critical Titanium Clad Reactor is for a Public Sector Petrochemical project for Purified Terephthalic Acid plant. The scope of supply involves Design, Material Procurement, fabrication, inspection and testing of Reactor meeting the Licensors stringent quality requirements.

This is an important step in indigenization of High technology equipment and a major contribution towards Government of India's 'Aatmanirbhar Bharat' initiative. L&T - Heavy Engineering developed the technology for titanium clad equipment fabrication inhouse conforming to global standards of quality. This Critical Reactor is built to precision tolerances considering the exposure to severe corrosive atmosphere and dynamic loading during service.

This order marks opening of multiple avenues for L&T Heavy Engineering for critical Titanium Clad Reactors in both Domestic and Global markets.

L&T Heavy Engineering is among the top 3 global heavy equipment fabricators. Its strengths include in-house design and engineering, state-of-the-art fully integrated fabrication facilities, R&D Centres and experienced project teams.

The company custom-designs, fabricates and integrates engineered-to-order critical equipment and piping solutions for core process plant sector (Refinery, Fertilizer, Petrochemicals) and Nuclear Power industries. Dedicated Engineering, Procurement, Project Management and Construction teams of our Modification, Revamp and Upgrade (MRU) business offer technology-driven, quick turnaround solutions for Process Plants.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1667.45 as compared to the previous close of Rs. 1622.4. The total number of shares traded during the day was 233739 in over 12003 trades.

The stock hit an intraday high of Rs. 1676 and intraday low of 1625. The net turnover during the day was Rs. 387924038.

Source : Equity Bulls

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