Large Order Secured: India’s Largest Infra Company Bags Deal from a Leading Asian Aluminum Producer

Previously secured an order to set up an 8 MTPA (million tonne per annum) pellet plant for a leading Indian steel producer.

Indian markets have rebounded from the day's lower levels, with the Nifty 50 index trading near the 22,900 mark, down marginally by 0.16 per cent. Interestingly, India VIX has dropped below the 15 level, declining by over 3 per cent.

In a significant development, Larsen & Toubro (L&T), India’s largest listed infrastructure company, has announced that the Minerals & Metals (M&M) business vertical of company has secured a large order from Hindalco for the construction of an 850 KTPA (kilo tonne per annum) greenfield alumina refinery plant in Odisha. The scope of work includes engineering, procurement, construction, and installation (EPCI).

L&T has been associated with Hindalco for over three decades, playing a crucial role as an EPC contractor in its expansion programs across alumina, aluminum, and copper plants. This new order underscores Hindalco’s trust in L&T as a reliable partner to drive its ambitious growth plans.

Meanwhile, L&T’s Metallurgical & Material Handling (M&M) vertical had previously secured an order to set up an 8 MTPA (million tonne per annum) pellet plant for a leading Indian steel producer. The scope of work includes engineering, manufacturing, supply, construction, and installation, in collaboration with renowned technology providers.

L&T’s M&M vertical provides world-class, end-to-end EPC solutions across sectors such as mining, minerals processing, industrial products, and material handling. Its product business delivers cost-effective solutions for industries including mining, cement, steel, fertilizers, and ports.

Disclaimer: The article is for informational purposes only and not investment advice