L&T secures ₹10,000 crore contract from BPCL
after close1 source ↓written by the desknot a recommendation
- BPCL valued between
- ₹5,000 crore and ₹10,000 crore
- each
- 575 KTPA
- L&T shares rose
- 0.24%
- on the NSE
- ₹4,082.20
Larsen & Toubro (L&T) has won a major contract from Bharat Petroleum Corporation Ltd (BPCL) valued between ₹5,000 crore and ₹10,000 crore. The project involves the EPCC of a polyethylene manufacturing unit at BPCL’s Bina refinery, featuring two polymer trains with a capacity of 575 KTPA each.
This contract strengthens L&T's position in India's hydrocarbon sector. Following the announcement, L&T shares rose 0.24% to ₹4,082.20 on the NSE.
Not investment advice. For informational purposes only.