L&T wins major order from BPCL for Bina petrochemical expansion
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L&T's Hydrocarbon Onshore business won a major order from BPCL to build India's largest LLDPE/HDPE Swing Unit at Bina, Madhya Pradesh. The lump sum turnkey project covers two trains of 575 KTPA each and is classified as a Major order worth between Rs 5,000 and Rs 10,000 crore. It supports BPCL's Bina Petrochemicals and Refinery Expansion, lifting capacity from 7.8 to 11 MMTPA. The order aligns with the government's Aatmanirbhar Bharat vision.
Positive for L&T. Major BPCL order boosts order book and pipeline. Reinforces L&T's hydrocarbon EPC leadership and adds to revenue visibility.