L&T bags significant order in the Middle East for its Minerals & Metals vertical

Larsen and Toubro (L&T) on Thursday announced that its Minerals & Metals (M&M) vertical has bagged a significant order for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This, it said, is a repeat order from a railway company in the GCC, which has plans for capacity expansion in multiple phases. 

In a regulatory filing, L&T said that the scope of work involves engineering, procurement, construction & commissioning (EPCC) of freight handling facilities with advanced automation and control at two locations, including an add-on package.

Also ReadDelhi HC issues notice to Religare; Rashmi Saluja moves court against ouster from Board

L&T has earlier successfully executed several freight handling facilities across the railway corridors in India and the Middle East. 

DK Sen, Executive Committee Member and Advisor to the CMD, L&T, said, “With this prestigious project, M&M further solidifies its reputation as a leader in freight handling facility projects. The repeat order from GCC’s largest railway company highlights M&M’s proven capabilities in delivering EPC projects matching international standards in quality, safety, and on-time completion.”

L&T’s M&M vertical offers end-to-end solutions in the EPC domain across sectors such as mining, minerals processing, industrial products and material handling. 

According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.

 » Read More

Related Articles

Earning Rs 15 lakh annually? Here’s which tax regime suits you the best – New vs old

Ever since the Modi government introduced the New Tax Regime in the 2020 Budget, one of the most discussed topics among taxpayers has been which tax regime is better. The answer largely depends on an individual’s income level. For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the

EXPLAINER: 8th Pay Commission comes at a crucial time

The government has announced the formation of the 8th Pay Commission to review the pay scales of its employees. With the economy at a critical juncture, a hike in their salaries will help boost consumption and put the economy into a higher growth trajectory, explains Lekha Chakraborty. A helping hand to drive economic recovery This

Two auto stocks to watch ahead of the RBI Policy

By Kiran Jani Since September 2024, the Nifty Auto Index reached an all-time high of 27,696 before undergoing a correction, hitting a low of 21,835 in January 2025—a decline of 18.20%. The Nifty 50 Index corrected 11.50% during the same period. With the upcoming RBI policy announcement and the Federal Reserve’s decision, there is growing

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Earning Rs 15 lakh annually? Here’s which tax regime suits you the best – New vs old

Ever since the Modi government introduced the New Tax Regime in the 2020 Budget, one of the most discussed topics among taxpayers has been which tax regime is better. The answer largely depends on an individual’s income level. For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the

EXPLAINER: 8th Pay Commission comes at a crucial time

The government has announced the formation of the 8th Pay Commission to review the pay scales of its employees. With the economy at a critical juncture, a hike in their salaries will help boost consumption and put the economy into a higher growth trajectory, explains Lekha Chakraborty. A helping hand to drive economic recovery This

Two auto stocks to watch ahead of the RBI Policy

By Kiran Jani Since September 2024, the Nifty Auto Index reached an all-time high of 27,696 before undergoing a correction, hitting a low of 21,835 in January 2025—a decline of 18.20%. The Nifty 50 Index corrected 11.50% during the same period. With the upcoming RBI policy announcement and the Federal Reserve’s decision, there is growing

Visionary investor Mukul Agarwal acquires double-digit stakes in THESE Companies

By Suhel Khan For anyone who is investing in the Indian stock markets or wishes to learn the ropes of it, a name synonymous with “visionary investing” will always find its way into conversations. The name is Mukul Agarwal, founder of Param Capital Group, known for his bold investment strategies and a significant impact on

These 2 companies just saw a huge jump in FII holding

By Suhel Khan Foreign Institutional Investors (FIIs) have been on a selling spree quite some time now when it comes to Indian stocks. According to Economic Times, FIIs sold Indian stocks worth over Rs 35,000 cr in early January 2025. At such a time, a few companies have managed to grab the attention of some