L&T Hydrocabon Engineering Limited (LTHE) which is a wholly owned subsidiary of engineering and construction major Larsen & Toubro Ltd (L&T), has got orders worth Rs 1170 crores across its various business segments.

The onshore projects business of it has got a lump-sum turnkey contract from Indian Oil Corporation Limited (IOCL) valuing over Rs 355 crores for a coke drum system package of 1.7 million metric tonne per annum (MMTPA) delayed coker unit at IOCL’s Haldia refinery, West Bengal.

The LTHE’s construction services business has secured Rs 500 crore order from Reliance Industries Limited (RIL) for its project at Jamnagar (Gujarat).

An order valuing over Rs 200 crore has also been received by it from Hindustan Mittal Energy Limited (HMEL) for composite mechanical works of its low cost expansion project and services for capacity expansion, and turnaround during shutdown works at Guru Gobind Singh Refinery, Bathinda (Punjab).

Further, LTHE’s modular fabrication business has got an order valued over Rs 115 crores from a leading global EPC contractor for its ongoing project in Kuwait.

Read Equitypandit’s Technical Analysis of Indian Stock Market