Larsen & Toubro and its international consortium partners of Paul Wurth Italia and India have bagged an EPC contract valued over Rs.1,400 crore from Rashtriya Ispat Nigam for expansion of Vizag Steel Plant.

This is the largest single-value EPC order RINL and is bagged against stiff international competition from Chinese, Korean and Russian firms.

RINL had invited bids for installation of a new third blast furnace to double its capacity to 6.5 million tpa of hot metal from the present level of 3.2 million tpa. L&T will construct this blast furnace - a state-of-the-art 3800 cu.m. unit with a capacity of 2.5 million tpa of hot metal. This is the second biggest blast furnace in India. L&T's Construction Division, ECC, will execute this contract in consortium with Paul Wurth Italia within a period of 30 months.

L&T's scope of work includes complete detailed engineering apart from certain areas of basic engineering based on the process-engineering being supplied by Paul Wurth. Apart from this, complete site services including the civil and structural works and erection of equipment will be undertaken by L&T, with specialized supervision being provided by Paul Wurth. L&T's contract-value in this project is around Rs.810 crore.

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