Larsen & Toubro wins refinery packages

expat network

Larsen & Toubro wins refinery packages

Larsen & Toubro announced that it has won orders worth Rs 1,507 crore across various business verticals.

“L&T’s Metallurgical and Material Handling (L&T-MMH) business has secured new orders worth Rs 1,507 crore across various verticals,” the engineering and construction major said in a statement.

The company said L&T-MMH has won an EPC order from Emirates Global Aluminium (EMA) for its greenfield alumina refinery development project in Al Taweelah, Abu Dhabi.

The scope involves engineering, procurement, fabrication, erection and associated works for tankages package.

“In the domestic arena, L&T-MMH won EPC orders from SAIL for the installation of a slab caster and suppressed combustion system along with replacement of basic oxygen furnace converter for modernisation of its steel melt shop at Bokaro,” it said.

The company said these orders are clear signs of improved business prospects in the sector it operates.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion revenue.

More info: The Economic Times

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.