L&T Minerals & Metals Business Secures Orders in Steel and Alumina Sectors

The Minerals & Metals (M&M) business vertical of L&T secured an order from Hindalco for setting up an 850 KTPA (kilo tonne per annum) greenfield alumina refinery plant in Odisha. The scope of work includes engineering, procurement, construction & installation.

L&T has been associated with Hindalco for over three decades, playing a key role as an EPC contractor in their expansion programmes across alumina, aluminum and copper plants. The new order signifies Hindalco's trust in L&T as a dependable partner to drive their ambitious growth plans.

M&M earlier secured an order for setting up an 8 MTPA (million tonne per annum) Pellet Plant from a leading steel producer in India. The scope of work includes engineering, manufacturing, supply, construction & installation in collaboration with reputed technology providers.

"M&M has successfully commissioned several steel plants and alumina refinery projects, both greenfield and brownfield, across India and the Middle East. These new orders reaffirm L&T's leadership in EPC steel plants and alumina refinery projects and are a testament to its commitment to excellence and customer satisfaction," said Mr D K Sen, Executive Committee Member & Advisor to the CMD, L&T.

L&T's M&M vertical offers world-class end-to-end solutions in the EPC domain across sectors such as mining, minerals processing, industrial products and material handling. Its product business provides cost-effective end-to-end solutions for industries such as mining, cement, steel, fertilisers and ports.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3277.75 as compared to the previous close of Rs. 3220.75. The total number of shares traded during the day was 87221 in over 4977 trades.

The stock hit an intraday high of Rs. 3302.00 and intraday low of 3211.30. The net turnover during the day was Rs. 285637706.00.

Source : Equity Bulls

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