L&T Secures Mega Order from JSW Steel for Minerals & Metals Business
Larsen & Toubro's Minerals & Metals business secured its largest domestic metals sector order from JSW Steel. The 'Mega' order, valued between ₹10,000 crore to ₹15,000 crore, involves engineering, procurement, and installation of critical facilities for JSW Steel's capacity expansion to over 50 MTPA by 2031.
The order is classified as 'Mega' (₹10,000 crore to ₹15,000 crore) and represents the largest-ever for L&T's Minerals & Metals business in the domestic metals sector, indicating a substantial impact on revenue and future growth.
The announcement details a significant new order win, which is a positive development for the company's business prospects and market position.
Larsen & Toubro Limited (L&T) has announced a significant order win for its Minerals & Metals (M&M) business vertical from JSW Steel. This order, described as the largest-ever in the domestic metals sector for L&T, marks a new milestone in their long-standing partnership.
JSW Steel, aiming to expand its crude steel processing capacity from 35 MTPA to over 50 MTPA by 2031, has entrusted L&T with the comprehensive engineering, procurement, and installation of critical process facilities. These include Blast Furnaces and Steel Melt Shops for multiple brownfield/greenfield expansions, primarily at JSW's sites in Ballari, Karnataka, and Paradip, Odisha.
D K Sen, Advisor to CMD, Development Projects & Minerals & Metals, L&T, highlighted the order as a defining moment, reflecting a shared commitment to scale, innovation, and nation-building. T Kumaresan, Senior Vice President & Head – Minerals & Metals, L&T, emphasized the company's strength in integrating technology, optimizing timelines, and delivering with precision, reinforcing their leadership in complex metallurgical projects.
L&T's M&M business has secured this order within the 'Mega' classification, which signifies a value between ₹10,000 crore to ₹15,000 crore.
What to do with a filing like this
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.