Larsen & Toubro (L&T), India's leading engineering and construction conglomerate, has recently secured significant contracts, showcasing its strong market position and continued growth in the infrastructure sector.

Large Contract Win

L&T has clinched a large contract valued between ₹2,500.00 crore to ₹5,000.00 crore. While specific details of this contract remain undisclosed, it falls within L&T's classification of 'Large' projects, indicating its substantial scale and potential impact on the company's order book.

Power Transmission & Distribution Business Expansion

In addition to the large contract, L&T's Power Transmission & Distribution (PT&D) vertical has announced multiple new orders both in India and abroad:

Domestic Projects

• Setting up a 765kV Gas Insulated Substation (GIS) in western India
• Turnkey construction of a transmission line for power evacuation in the same region

International Projects

Market Confidence and Infrastructure Investments

These new orders underscore the continued momentum in investments related to efficient grid infrastructure both in India and abroad. They also reflect the strong customer confidence in L&T's capabilities and expertise in executing complex engineering projects.

L&T's success in securing these orders across various geographies demonstrates its strong market position and ability to compete effectively in the global infrastructure sector. The diverse nature of these projects, ranging from domestic high-voltage substations to international transmission lines, highlights L&T's versatility and comprehensive service offerings in the power transmission and distribution domain.

About Larsen & Toubro

As a $27.00 billion Indian multinational enterprise, Larsen & Toubro continues to strengthen its position in EPC Projects, Hi-Tech Manufacturing, and Services across multiple geographies. The company's customer-focused approach and commitment to top-class quality have been key factors in maintaining its leadership in major business lines for over eight decades.

With these new contracts and orders, L&T is poised to further consolidate its position in the infrastructure and energy sectors, contributing to the development of critical power infrastructure in India and the Middle East.

Larsen & Toubro (L&T), India's leading engineering and construction conglomerate, has clinched its largest-ever single contract, marking a significant milestone in the company's history. The Mumbai-based firm announced that it has been awarded an Ultra Mega Offshore Contract by QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4).

Contract Details

The contract, valued at more than ₹15,000.00 crore, represents a major leap forward for L&T's Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH). This prestigious project involves the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes off the northeast coast of Qatar.

Scope of Work

The project's scope is extensive and includes:

• Two large offshore platforms with compression & power generation facilities
• Living quarters
• Flare platforms
• Interconnected bridges
• Other associated structures

These facilities will be located approximately 80 km off the northeast coast of Qatar, underlining the project's strategic importance and technical complexity.

Strategic Significance

Mr. S N Subrahmanyan, Chairman & Managing Director of L&T, emphasized the significance of this contract, stating, "Securing QatarEnergy LNG's Ultra Mega Offshore Contract—the largest single order in our history, is a landmark achievement. This prestigious project strengthens our global energy portfolio while supporting Qatar's energy security objectives."

Strengthening Global Partnerships

The award of this contract not only bolsters L&T's position in the global energy sector but also reinforces its partnership with Qatar. Mr. Subramanian Sarma, Deputy Managing Director & President of L&T, highlighted the trust placed in L&T's expertise, saying, "This collaboration not only strengthens our partnership but also reaffirms L&T's commitment to supporting Qatar's strategic energy objectives through innovative and reliable solutions."

Company Overview

Larsen & Toubro, a $27.00 billion Indian multinational, operates in over 50 countries worldwide. The company is engaged in EPC Projects, Hi-Tech Manufacturing, and Services. L&T's strong customer-focused approach and quest for top-class quality have enabled it to maintain leadership in its major lines of business for eight decades.

Project Classification

L&T classifies its projects based on their value. The table below illustrates the company's project classification system:

This latest contract falls into the Ultra-Mega category, underscoring its exceptional scale and importance for L&T.

The successful execution of this project is expected to set new benchmarks in project execution and reinforce Qatar's position as a global LNG leader. As L&T embarks on this monumental project, the industry will be watching closely to see how this contract impacts the company's financial performance and global standing in the coming years.