L&T Bags Major Orders Worth ₹5,000–10,000 Crore in Minerals and Metals Segment, Strengthens Steel Project Pipeline

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Mumbai, January 2, 2026: Larsen and Toubro Limited (BSE: 500510 | NSE: LT) has secured major orders in the Minerals and Metals segment, with the cumulative value falling in the ₹5,000 crore to ₹10,000 crore range, reinforcing its strong execution pipeline in the domestic steel sector.

Large-Scale Steel Expansion Projects Drive Order Wins​

The new orders have been secured for engineering, procurement and installation works across critical steelmaking facilities in India. A significant portion of the order book relates to large-scale modernisation and capacity expansion projects at integrated steel plants.

At the IISCO Steel Plant in Burnpur, West Bengal, L&T has been awarded comprehensive packages covering core process units. These include coke oven batteries, by-product plants, basic oxygen furnace facilities, and specialised material handling systems. The project is part of a broader expansion initiative aimed at scaling crude steel capacity from 2.5 million tonnes per annum to 6.5 million tonnes per annum, marking a transformational upgrade of the plant’s manufacturing capabilities.

In parallel, L&T has also secured an order for the establishment of Sinter Plant No. 2 at the Bokaro Steel Plant in Jharkhand. The project forms part of upstream capacity augmentation efforts and further deepens L&T’s presence in large metallurgical infrastructure execution.

Material Handling Equipment Orders Add to Order Book Visibility​

Beyond integrated steel plants, the company has received multiple orders for specialised material handling equipment from clients across India. These include stacker reclaimers and wagon tipplers, which are critical for bulk material logistics in steel and minerals operations. The additional equipment orders underline L&T’s end-to-end capabilities across the minerals and metals value chain, from process plants to downstream logistics.

Management Commentary Highlights Execution Strength​

Senior leadership highlighted that the new order inflows reflect sustained client confidence in L&T’s ability to deliver complex, technology-intensive projects under challenging timelines. The projects are expected to be executed with a strong focus on engineering precision, safety standards and sustainability, while supporting India’s long-term steel capacity expansion goals.

Order Classification and Financial Context​

As per L&T’s internal order classification framework, the newly secured contracts fall under the ‘Major’ category, which typically corresponds to projects valued between ₹5,000 crore and ₹10,000 crore. These wins provide improved revenue visibility for the Minerals and Metals business over the medium term and support steady execution momentum in FY26 and beyond.

About the Company​

Larsen and Toubro Limited is a diversified Indian multinational engaged in EPC projects, hi-tech manufacturing and services, with operations spanning infrastructure, energy, heavy engineering, defence and industrial solutions. The company is listed on both BSE and NSE and has maintained a leadership position across key sectors for several decades through a strong execution track record and customer-focused approach.

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