Larsen & Toubro (L&T), India's leading engineering and construction company, has clinched a significant contract, further solidifying its position in the industry. The company announced that it has secured a major deal with a value ranging from ₹10.00 billion to ₹25.00 billion.

Contract Details

While specific details about the project remain undisclosed, the magnitude of the contract underscores L&T's continued success in securing high-value projects. The deal falls within L&T's classification of 'significant' orders, which typically range between ₹10.00 billion to ₹25.00 billion.

Impact on Business

This latest contract win represents a substantial boost to L&T's order book. It demonstrates the company's strong market presence and its ability to compete effectively for large-scale projects. Such high-value contracts are crucial for engineering and construction firms like L&T, as they provide a steady stream of revenue and contribute significantly to the company's long-term growth prospects.

Company's Track Record

L&T has a history of successfully executing complex projects across various sectors, including infrastructure, power, defense, and heavy engineering. This new contract adds to the company's impressive portfolio and reinforces its reputation as a trusted name in the engineering and construction industry.

Market Implications

The announcement of this significant contract is likely to be viewed positively by investors and market analysts. It showcases L&T's continued ability to secure major projects, which is essential for maintaining its market leadership and driving future growth.

As L&T moves forward with this new project, stakeholders will be keen to see how it contributes to the company's overall performance in the coming quarters. The successful execution of this contract could potentially lead to more opportunities and further strengthen L&T's position in the competitive engineering and construction sector.

Larsen & Toubro (L&T), the Indian multinational engineering and construction giant, has clinched a significant business win with a large order valued between ₹2,500.00 crore and ₹5,000.00 crore. The contract, secured by L&T's Minerals & Metals (M&M) business vertical, comes from Hindustan Zinc Limited (HZL), a Vedanta Group company.

Project Details

The order is for an engineering, procurement, and construction (EPC) project at HZL's Debari Smelter Complex in Rajasthan. As part of HZL's expansion plans, L&T will establish:

• A 250 KTPA Leaching, Purification & Cellhouse facility
• A 125 KTPA Jarosite Circuit

The facility is designed to produce Special High Grade Zinc Cathodes with 99.995% purity.

Scope of Work

L&T's responsibilities in this EPC project include:

• Design and engineering
• Procurement
• Complete site services including installation and commissioning of:
  • Calcine Storage
  • Leaching
  • Purification
  • Electrowinning (Jumbo Cell House) plant
• Associated auxiliaries such as utilities, ETP RO-ZLD, plant electrics, instrumentation, and automation systems

Strengthening Long-term Partnership

This order reinforces L&T's longstanding partnership with Hindustan Zinc Limited, which spans over three decades. L&T has been a trusted EPC partner in HZL's capacity augmentation initiatives, from beneficiation plants to smelter facilities.

Mr. T Kumaresan, Senior Vice President & Head – Minerals & Metals at L&T, commented on the order win: "This win reaffirms L&T's leadership in the Minerals & Metals sector and underscores our commitment to delivering excellence that ensures customer satisfaction."

L&T's Expertise in Minerals & Metals

L&T's M&M vertical offers comprehensive end-to-end EPC solutions across various sectors, including:

• Mining
• Minerals processing
• Industrial products
• Material handling

The company's Product Business Unit, with manufacturing facilities in Kansbahal (Odisha) and Kancheepuram (Tamil Nadu), provides cost-effective end-to-end product solutions for industries such as mining, cement, steel, fertilizers, and ports.

This latest order further solidifies L&T's position as a leader in the engineering and construction sector, showcasing its ability to secure high-value projects and deliver complex solutions in the minerals and metals industry.