L&T Secures Large EPC Contract from Hindustan Zinc for Minerals & Metals Business
The contract is classified as 'Large' (₹2,500 crore to ₹5,000 crore), suggesting a substantial positive impact on L&T's revenue and market position.
The announcement highlights a significant new order for L&T, indicating positive business development.
* L&T has secured a large EPC contract from Hindustan Zinc Limited (HZL) for its Minerals & Metals (M&M) business. * HZL is establishing a 250 KTPA Leaching, Purification & Cellhouse facility, along with a 125 KTPA Jarosite Circuit at its Debari Smelter Complex in Rajasthan. * The facility will produce Special High Grade Zinc Cathodes (99.995% Zn). * The project awarded to L&T is on an EPC basis, encompassing design and engineering, procurement, complete site services including installation and commissioning. * The scope includes Calcine Storage, Leaching, Purification, and Electrowinning plant, along with associated auxiliaries. * Mr T Kumaresan, Senior Vice President & Head – Minerals & Metals – L&T, said: “This win reaffirms L&T’s leadership in the Minerals & Metals sector and underscores our commitment to delivering excellence that ensures customer satisfaction.” * As per the press release, large projects are valued between ₹2,500 crore to ₹5,000 crore.
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Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Larsen & Toubro Limited. Read the original for the full detail.