Larsen & Toubro Ltd.

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Large Cap | Engineering - Construction
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L&T’s subsidiary bags order worth Rs 1700 crore from Tata Steel

Date: 27-03-2012

L&T Metallurgical and Material Handling IC, part of L&T Construction, wholly owned subsidiary of Larsen and Toubro (L&T) has secured order worth Rs 1700 crore from Tata Steel for the new 6 million tonnes per annum (MTPA) steel plant being set up at kalinganagar, Odisha.

As a part of the Greenfield steel plant, L&T is executing a slew of project like blast furnace, sinter plant, coke oven, balance of plant for steel melt shop, hot strip mill, utilities and construction works for the other areas.

The company’s Metallurgical and Material strategic business group has strengthened its leadership position in the iron making area as an EPC player for the Indian Steel Industry. With this new order L&T has enhanced its capabilities to provide integrated solutions for the entire steel plant.

L&T Construction is the largest construc   tion organization in the country. It figures among the World’s 77th Top Contractors and ranks 29th in global ranking as per the survey conducted by the reputed international construction magazine Engineering News Record, USA (August 2010).