Larsen & Toubro today said it has received two orders worth Rs 2,155 crore from National Fertilisers Ltd (NFL) for converting the feedstock of ammonia plant to natural gas. The project involve changeover of the feedstock of the existing 900 tonnes per day (TPD) ammonia plant from fuel oil to natural gas, the company said. The scope of work includes process licence, engineering and construction of the plants. Both projects would be executed concurrently and are expected to be ready for commissioning by January-end 2013.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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