India's largest engineering and construction conglomerate, Larsen & Toubro (L&T) has announced that its consortium with Germany-based Outotec GmBH has obtained a sinter plant order worth Rupees 7.62 billion ($174.4 million) from Steel Authority of India Ltd (SAIL).
The new sinter plant with a grate area of 2 x 204 square meters and with a designed annual production capacity of 3.8 million mt is planned to be constructed at SAIL's IISCO Steel Plant (ISP) at Burnpur, West Bengal.
The share of L&T in the order is Rupees 6.40 billion ($149 million), while that of Outotec is €22.08 million ($30.5 million).
The sinter plant in question is part of SAIL's program to expand its capacity at ISP by 2.5 million mt of crude steel. The project is scheduled to be completed within 29.5 months.
Commenting on the order, L&T said that it reconfirms L&T and Outotec's leadership position in the steel industry for sinter plants.