Larsen & Toubro bagged a
turnkey contract worth Rs.1,150 crore from Indian Oil Corporation for setting up
a captive co-generation power plant at Panipat in Haryana.
L&T's scope of work involves
project management, engineering, procurement and construction of the power plant
for IOCL's naphtha cracker project at its petrochemical complex in Panipat.
The power plant comprises five gas
turbines five heat recovery steam generators, three steam turbines two utility
boilers and sophisticated control systems to ensure uninterrupted supply of
power and steam to the naphtha cracker complex.
Work on the project is scheduled for
completion within 32 months with plant having an installed capacity of 227 MW of
power and over 800 tph of process steam.