Larsen & Toubro Limited has informed the Exchange about Bagging/Receiving of orders/contracts
LT · price
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L&T's Minerals & Metals business has secured its largest-ever order in the domestic metals sector from JSW Steel. The order, classified as 'Mega' (valued at ₹10,000-15,000 crore), involves comprehensive engineering, procurement and installation of Blast Furnaces and Steel Melt Shops at JSW sites in Ballari (Karnataka) and Paradip (Odisha). This project supports JSW Steel's capacity expansion from 35 MTPA to over 50 MTPA by 2031. The partnership between L&T and JSW Steel spans over three decades of collaboration in metallurgical projects.
This landmark order significantly boosts L&T's order book visibility for its Minerals & Metals vertical and demonstrates strong execution capabilities in complex metallurgical projects. For shareholders, this represents substantial revenue potential worth 5-8% of annual revenue, strengthening growth outlook.