L&T bags 2,155 Crore order from NFL

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Bangalore: The engineering major Larsen & Toubro (L&T) said that it had secured two orders valued at 2,155 crore from National Fertilizers (NFL) for the conversion work at Panipat (Haryana) and Bhatinda (Punjab). Moving to gas-based units will result in a saving of about 2,000 for every tonne of urea produced. In addition, the plants will also be entitled to a portion of the feedstock cost savings that is meant to accrue solely to the Centre. In January, L&T bagged a 987-crore order from Gujarat Narmada Valley Fertilizers Company for setting up a 1,120 million tonnes a day ammonia equivalent natural gas-based synthesis gas generation plant at Bharuch, Gujarat. K. Venkataramanan, President, Engineering and Construction Projects, L&T, told Business Line that of the four projects recently awarded for conversion, L&T managed to bag three. Going ahead, he said, brownfield expansion projects could provide even bigger orders. However, the orders would come only next fiscal. Moreover, they would depend on gas allocation by the Government, he pointed out. NFL has an installed capacity of about 3.3 million tonnes of urea, besides other industrial products. The work involves changeover of the feedstock of the existing 900 tonne per day ammonia plants. Both projects will be executed concurrently and are scheduled for commissioning by January 2013. L&T will utilise the synthesis gas technology of Haldor Topsoe, Denmark.