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. Click on Details for more