L&T Secures Mega Orders for Metals & Minerals Business
Larsen & Toubro's Metals & Minerals business secured multiple 'Mega' orders from leading domestic companies. These include an 18 MTPA Iron Ore Handling Plant in Chhattisgarh and packages for a Steel Plant expansion in West Bengal. L&T also won an EPC order for a Zinc Processing Plant, reinforcing its EPC leadership.
The orders are classified as 'Mega', suggesting a substantial financial impact on the company's revenue and order book.
The announcement details significant new orders for L&T's Metals & Minerals business, indicating strong business growth and market leadership.
Larsen & Toubro's (L&T) Metals & Minerals (M&M) business vertical has secured multiple significant orders from prominent domestic metals and mining companies. These orders reinforce L&T's leadership in providing comprehensive engineering, procurement, and construction (EPC) solutions within the metals and minerals sector.
The first order, classified as 'Mega' (₹10,000 crore to ₹15,000 crore), comes from India's largest iron ore producer, a public sector company. This contract is for Package #BE-01C of an 18 MTPA Iron Ore Handling Plant in Chhattisgarh, aimed at supporting the client's expansion to achieve 100 MTPA iron ore production capacity by 2030. The scope includes the design, engineering, procurement, installation, and commissioning of a downhill conveyor system, screening plant, stockpile, yard equipment, Rapid Wagon Loading System (RWLS), and associated auxiliaries.
The second order, also 'Mega', is from another public sector Navratna company for the expansion of its Steel Plant in West Bengal, increasing capacity from 2.5 MTPA to 7.1 MTPA. L&T has been awarded various Design & Build and Balance of Plant packages for this project.
Additionally, L&T has secured an EPC order for a Zinc Processing Plant from a major private sector metals producer, continuing their long-standing association. This project involves design and engineering, procurement, installation, commissioning, and associated site services, highlighting L&T's expertise in complex non-ferrous metallurgical projects.
Commenting on these wins, Mr. S. N. Subrahmanyan, Chairman & Managing Director, L&T, stated, "This reaffirms L&T's enduring leadership in the minerals and metals EPC sector and reflects the deep trust customers place in our ability to deliver projects of exceptional scale and complexity. As India accelerates investments in augmenting its Metals & Minerals capacity to support long-term economic growth, L&T remains committed to partnering with the country's leading enterprises in developing world-class industrial infrastructure."
Mr. T. Kumaresan, Senior Vice President & Head – Utilities & Metals, L&T, added, "These orders across the mining, ferrous and non-ferrous sectors reaffirm our customers' confidence in L&T's engineering expertise and project execution capabilities. They strengthen our position as a trusted partner in developing India's metals and minerals infrastructure. We remain committed to delivering the projects with the highest standards of quality, safety and sustainability."
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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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