L&T bags mega metals, mining orders worth Rs 10,000-15,000 crore
New Delhi, July 20
Larsen & Toubro on Monday announced that its minerals and metals business has secured multiple domestic orders, including contracts from public sector companies, with the combined value falling in the company's 'mega' category of Rs 10,000 crore to Rs 15,000 crore.
In a regulatory filing, the engineering and construction major said the orders have been awarded by leading companies in the metals and mining sector and include projects aimed at expanding iron ore, steel and zinc processing capacities.
"The metals and minerals (M&M) business vertical of L&T has secured multiple orders from leading domestic metals and mining companies, reinforcing its leadership in delivering world-class engineering, procurement and construction (EPC) solutions across the metals and minerals value chain," the company said.
Among the key wins is a contract from India's largest iron ore producer, a public sector company, for Package BE-01C of an 18 million tonnes per annum (MTPA) Iron Ore Handling Plant in Chhattisgarh.
The project forms part of the company's expansion plan to increase its iron ore production capacity to 100 MTPA by 2030.
L&T's scope of work includes design and engineering, procurement, installation and commissioning of a downhill conveyor system, screening plant, stockpile, yard equipment, a Rapid Wagon Loading System (RWLS), and associated auxiliary facilities.
The company has also secured another order from a Navratna public sector undertaking for the expansion of a steel plant in West Bengal, increasing its production capacity from 2.5 MTPA to 7.1 MTPA.
In addition, L&T has won an engineering, procurement and construction (EPC) contract for a zinc processing plant.
The scope of the project includes design and engineering, procurement, installation, commissioning and associated site services, further strengthening the company's presence in the non-ferrous metallurgical segment.
Commenting on the order wins, L&T Chairman and Managing Director S N Subrahmanyan said the contracts reaffirm the company's leadership in the minerals and metals EPC sector and reflect customers' confidence in its ability to execute projects of significant 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," he said.
— IANS
Reader Comments
While this is impressive, I hope these mining expansions consider environmental impact. Chhattisgarh's forests are already under pressure. The downhill conveyor system is good for reducing truck emissions, but we need strict compliance with green norms. Still, good to see PSUs partnering with L&T for modernization.
As someone who works in mining engineering abroad, I'm genuinely impressed by L&T's capabilities. The rapid wagon loading system and downhill conveyor for iron ore - these are complex integrated solutions. India is quietly building serious industrial capacity. Hope to work on such projects someday. Cheers from Australia!
This is what 'Atmanirbhar Bharat' looks like in action. L&T getting multiple orders from PSUs means we're reducing dependence on foreign firms for critical mining infrastructure. The zinc processing plant order also diversifies our non-ferrous capabilities. Just hope some of these projects also focus on skill development for local youth.
Rs 10,000-15,000 crore orders - that's massive! And the fact that they're from 'leading domestic companies' shows confidence in Indian engineering. But I'm curious about the Navratna company for the steel plant expansion in West Bengal - hope it's SAIL or NMDC since both have large operations there. Transparency in these contracts would be good.
Honestly, I'm happy but also cautious. Mining expansions mean more raw materials for our growing industries, yes. But we've seen in Odisha and Jharkhand how mining can affect local communities and water sources. I hope L
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