Larsen and Toubro bags Rs 38.16 bn order

Written By DNA Web Team | Updated:

A global consortium led by Larsen and Toubro (L&T) has secured an engineering procurement construction (EPC) order worth Rs.38.16 billion from various customers in the metal industry.

MUMBAI: A global consortium led by Indian engineering and construction major Larsen and Toubro (L&T) has secured an engineering procurement construction (EPC) order worth Rs.38.16 billion from various customers in the metal industry.

L&T in consortium with Outotec GmbH of Germany, a global leader in mineral processing and metallurgical technologies, and Paul Wurth Italia SpA of Italy, an arm of the Luxembourg-based  engineering giant Pual Wurth SA, has bagged EPC orders worth Rs 25.45 billion from Tata Steel for a pellet plant and blast furnace at its Jamshedpur steel plant, a statement by the Indian company said here on Tuesday.

L&T's portion is valued at Rs 15.78 billion, the statement said.

The L&T-Outotec consortium has also bagged a Rs 7.53 billion order on EPC basis for a sinter plant, scheduled for commissioning in 30 months for SAIL-RSP expansion. L&T's portion is valued at Rs 5.88 billion, the statement said.

L&T has also bagged a repeat order from Hindustan Zinc for a leaching, purification and zinc electrolysis plant on EPC basis, valued at Rs 5.18 billion, scheduled for commissioning in 17 months.

The slew of projects in the metallurgical space has positioned L&T as a significant player in the Indian ferrous and non-ferrous industry, the statement said.