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MACHINIST - L&T bags Rs 523cr order from Tata Steel for annealing & processing line

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Home arrow News arrow Business News arrow L&T bags Rs 523cr order from Tata Steel for annealing & processing line

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L&T bags Rs 523cr order from Tata Steel for annealing & processing line
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Written by Vijay   
Friday, 31 December 2010

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Mumbai: L&T's Minerals and Metals business unit - a part of it's construction division - has secured a major order worth Rs. 523 crore from Tata Steel Limited for a 600,000 TPY continuous annealing & processing line (CAPL).

This project will be implemented through a JV of Tata Steel and a technology partner for producing high grade cold rolled steel sheets for automotive application, including skin panels and high tensile steel. Nippon Steel Engineering will provide the technology and imported line equipment.

L&T's scope encompasses technical and project management services, design and engineering, supply of plant & equipment, utilities, civil & structural works and complete erection of the plant.

The project is scheduled to be completed in 30 months.

 
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