Published 13:54 IST, January 8th 2025
L&T Heavy Engineering Bags Orders Worth Rs 1,000-Rs 2,500 Crore In Q3 FY25 - Details
Larsen & Toubro Heavy Engineering has achieved significant milestones with several new contracts.
- Companies
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L&T's Heavy Engineering division has secured a landmark order for LNG equipment in the US, marking one of the largest contracts in this domain. This achievement underscores L&T’s global leadership in the heavy engineering sector, backed by advanced manufacturing capabilities and a commitment to high-quality deliverables.
Turkey's Petrochemical Advancement
The division made another leap with a breakthrough order for a loop reactor in a Propane Dehydrogenation (PDH) Polypropylene (PP) Plant in Turkey. This project demonstrates L&T's high-tech manufacturing excellence in the petrochemical industry, positioning it as a trusted partner for cutting-edge solutions.
‘The business also secured a breakthrough order for a loop reactor in a Propane Dehydrogenation (PDH) Polypropylene (PP) Plant in Turkey. The order is a testament to L&T’s hi-tech manufacturing prowess in the petrochemical segment,’ as mentioned in the exchange filing.
Middle East Expansion
The Saudi Arabian order entails the revamp of a Fluid Catalytic Cracking Unit (FCCU) for a leading oil and gas client.
Order Classifications Defined by L&T
Larsen & Toubro categorizes its contracts based on their monetary value:
Significant Orders: Rs 1,000 crore to Rs 2,500 crore
Large Orders: Rs 2,500 crore to Rs 5,000 crore
Major Orders: Rs 5,000 crore to Rs 7,000 crore
Mega Orders: Above Rs 7,000 crore
Urea Reactor Dominance in India
On the domestic front, L&T has been awarded contracts for three urea reactors from Southern Petrochemical Industries Corporation, Indian Farmers Fertiliser Cooperative Ltd, and Indorama India Private Ltd. The company has now delivered 17 consecutive urea reactor orders, solidifying its leadership in India's fertilizer equipment sector.
L&T: Secures Major Global Orders in Energy Transmission
On Tuesday, Larsen & Toubro's Power Transmission & Distribution (PT&D) vertical announced significant wins, both in India and abroad, highlighting the company's global leadership in energy infrastructure. These projects are classified as "Large," with a valuation between Rs 2,500 and Rs 5,000 crore.
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Updated 16:44 IST, January 8th 2025