Larsen & Toubro (L&T) has announced that its Minerals & Metals (M&M) business vertical has secured significant orders in the steel and alumina sectors, further strengthening its position as a leader in the EPC (Engineering, Procurement, and Construction) industry.
Key projects awarded to L&T:
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Alumina Refinery Project in Odisha:
- L&T has secured an order from Hindalco to establish an 850 KTPA (kilo tonne per annum) greenfield alumina refinery in Odisha.
- The scope includes engineering, procurement, construction, and installation of the refinery.
- This project extends L&T’s long-standing relationship with Hindalco, spanning over three decades across alumina, aluminum, and copper plant expansions.
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8 MTPA Pellet Plant for a leading steel producer:
- L&T will set up an 8 million tonnes per annum (MTPA) pellet plant for a prominent steel company in India.
- The project involves engineering, manufacturing, supply, construction, and installation, in collaboration with leading technology providers.
Strategic Importance & Industry Impact
Speaking about the new orders, D K Sen, Executive Committee Member & Advisor to the CMD, L&T, stated:
“L&T M&M has successfully commissioned several steel plants and alumina refinery projects across India and the Middle East. These new orders reaffirm our leadership in the EPC domain and our commitment to excellence and customer satisfaction.”
L&T’s Role in Minerals & Metals
L&T’s Minerals & Metals vertical offers end-to-end EPC solutions across mining, minerals processing, industrial products, and material handling. It plays a key role in cost-effective solutions for sectors like steel, cement, fertilisers, and ports.
With a USD 27 billion revenue base, L&T remains a leading Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, serving clients globally.
Project Classification
L&T categorizes projects based on their value, and these recent contracts fall into the “Large” category, ranging between ₹2,500 crore and ₹5,000 crore.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments and corporate developments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
