L&T bags orders worth up to Rs 5000 Cr from Hindalco, Tata Steel

Mumbai-based infrastructure and engineering major Larsen & Toubro (L&T) Friday said that it has bagged an
order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha, and another project from Tata Steel to build a coke oven battery at its Jamshedpur complex.

In its exchange filing to the Bombay Stock Exchange (BSE), L&T stated that the work order is valued between Rs 2,500 and Rs 5,000 crore.

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L&T stated that the order from Aditya Birla Group company Hindalco, includes setting up a 180 KTPA aluminium smelter, along with a gas treatment centre, for its upcoming greenfield project in Odisha. The company said that its Minerals & Metals business vertical will execute the orders.

According to L&T’s filing, its minerals and metals vertical also secured an order from Tata Steel to set up a 1 MTPA coke oven battery 6 A/B. The company added that as part of the order, it will be responsible for engineering, manufacturing, supply, construction and plant installation.

Speaking about the development, L&T’s Senior Vice President & Head of Minerals & Metals vertical said, “These order wins across the aluminium and steel sectors are a testament to L&T’s engineering excellence, execution capability and enduring customer relationships. These orders further strengthen our role in shaping the nation’s industrial infrastructure, while deepening the relationship with the steel sector through world-class execution and technological excellence.”