L&T bags Rs 1749 cr orders from metal sector

Mumbai, Aug 5: Larsen & Toubro's Metallurgical Material Handling and Water Operating Company (MMHW-OC) has bagged EPC orders worth Rs 1749 crore from SAIL and BALCO.

MMHW-OC – part of L&T"s Construction Division along with Paul Wurth of Italy, has been awarded the Rs 1627 crore EPC contract to build the 2.8 MTPA Blast Furnace for SAIL–Bhilai Steel Plant.

L&T share in the contract is Rs 1010 crore, the company said in a statement on Thursday, Aug 5.

L&T in consortium with Outotec, GmbH of Germany has been awarded Rs 670.73 crore EPC contract to build a 3.7 MTPA Sinter Plant for SAIL - Bhilai Steel Plant. L&T"s share in the contract is Rs 538.29 crore, the press release added.

In the non-ferrous segment, L&T has bagged an additional order of Rs 201 crores from BALCO for capacity expansion of its Smelter at Korba.

This order is in addition to the large package being executed by L&T for the BALCO expansion project. This involves setting up of 340 kAmps Potline and Carbon Area including Supply, Fabrication, Construction, Erection and Project Monitoring services.

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