RCF Awards ₹797 Crore Contract to Larsen and Toubro for Plant Revamp
1 report, 1 independent
Updated Sun 00:00
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What happened
The Board of Directors approved a purchase order with Larsen and Toubro Limited for ₹797 Crore plus applicable taxes. The contract covers the revamp of the Ammonia Plant at Thai, with an execution period of 36 months. The work scope includes detail engineering, manufacture, supply, construction, erection, commissioning, and guarantee run.
From equitybulls.com
Why it matters
The contract was awarded to Larsen and Toubro on a lowest tender basis. The objective of the project is the reduction in specific energy consumption of the facility, indicating a focus on operational efficiency in the chemical sector.
From equitybulls.com
Who's involved
- board of directorsApproved the purchase order for the Ammonia Plant revamp
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The entities involved
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board of directors
group of people who jointly supervise the activities of an organization