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Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
479.5681588
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
43.91
439217.15
EPS(TTM)
Face Value()
Div & Yield %
72.73
2
1.06
 

Larsen & Toubro to set up Pellet and DRI plant in MENA region
Feb 04,2025

The Minerals & Metals (M&M) business vertical of L&T will set up a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a client in the Middle East & North Africa (MENA) region. These pertains to a major order secured earlier from the client – a leading steel producer in MENA and are part of the global initiative towards decarbonisation.

The scope of work includes design-build Pellet and DRI plants encompassing engineering, supply, erection and construction works based on globally acclaimed technologies. L&T has been involved in many landmark iron and steel manufacturing plants globally, and these new projects reaffirm its expertise in delivering design-build steel plants.

According to the company's project classification, the order is valued in the range of Rs 5,000 crore to Rs 10,000 crore.

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