Larsen & Toubro (L&T) has bagged a Rs.580.96-crore, lump sum turnkey order from Indian Oil Corporation (IOC) for the 6 million tonne expansion project at its Panipat refinery in Haryana.

The order, which was bagged against international competition, consists of a DHDT unit based on technology from IFP, France and a 1,40,000 tonnes per annum hydrogen plant based on technology from Haldor Topsoe, Denmark. The company has also been entrusted with the responsibility of residual process design, detailed engineering, procurement, supply, fabrication, construction, installation, commissioning and performance testing for this project.

L&T would be adopting innovative concepts during all stages of the project execution. This would include IT-enabled systems comprising three-dimensional computer aided design, advanced engineering and simulation software, enterprise resource planning, scheduling e-procurement, on-line construction material planning, systems and electronic communication facilities.

The entire project has to be executed in a fast track of 24 months.