Stocks In News - Bagging Order

1. Larsen & Toubro (L&T)'s subsidiary bagged orders from IOC.
2. L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen a Toubro, has won two significant orders from Indian Oil Corporation (IOC).
3. The engineering, procurement, construction and commissioning (EPCC) contracts are for setting up Mono Ethylene Glycol (MEG) Plant and Ethylene Recovery Unit (ERU) under LSTK-1 Package, associated Offsite and utilities under LSTK-2 Package at IOC Paradip Refinery (Odisha).
4. MEG plant is licensed by Scientific Design with a capacity of 357 KTA while ERU is licensed by Lummus Technology (now McDermott) .