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L&T loses 4 of 5 refinery EPC packages: Need for introspection
Jan 16: L&T will need to do a reappraisal of how it has been conducting project cost estimations for refinery projects
8In the last 5 refinery EPC packages opened recently, it has been bag only one
8In the other four, it seems to be well behind the competition, coming last
8What is more the differential between the L-1 bidder and L&T is very wide, raising eyebrows everywhere
8Clearly, the cost estimation teams needs to go through their calculations more thoroughly, or somewhere L&T is losing its competitive edge.
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