L&T Secures Major Orders for Minerals & Metals Business from SAIL and Others
Larsen & Toubro's Minerals & Metals business secured major EPC orders from SAIL for its IISCO and Bokaro steel plants. The company also won orders for specialized material handling equipment. These 'Major' category orders, valued between ₹5,000 to ₹10,000 crore, reinforce L&T's role in India's steel sector expansion.
The orders are classified as 'Major' (₹5,000 to ₹10,000 crore), representing a significant business win for L&T and contributing to substantial projects within the Indian steel sector.
The announcement details the securing of 'major' orders from a key client (SAIL) and other customers, indicating positive business development and growth for the company's Minerals & Metals division.
Larsen & Toubro's (L&T) Minerals & Metals (M&M) business vertical has secured significant orders from Steel Authority of India Limited (SAIL) and other clients for Engineering, Procurement, and Construction (EPC) projects and specialized equipment within the domestic metals sector.
As part of SAIL's expansion program to increase the crude steel capacity of its IISCO Steel Plant in Burnpur, West Bengal, L&T has been awarded a comprehensive package for critical process plants, including the Coke Oven Battery, By-Product Plant, and Basic Oxygen Furnace, along with a specialized material handling equipment package. Additionally, L&T will establish Sinter Plant #2 for SAIL's Bokaro Steel Plant as part of its upstream expansion.
The M&M business also received multiple orders for specialized material handling equipment, such as Stacker Reclaimers and Wagon Tipplers, from various Indian customers. These wins highlight L&T's capability in delivering advanced and reliable solutions across the minerals and metals value chain.
D K Sen, Advisor to CMD, Development Projects & Minerals & Metals, L&T, stated that these orders underscore L&T's ability to deliver world-class metallurgical infrastructure with engineering precision, safety, and sustainability, contributing to India's self-reliance in steel production. T Kumaresan, Senior Vice President & Head – Minerals & Metals, L&T, added that the trust placed by SAIL validates L&T's expertise in executing complex, technology-intensive projects under challenging schedules.
L&T's classification of these orders falls under the 'Major' category, indicating a value between ₹5,000 crore and ₹10,000 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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