L&T Heavy Engineering Secures Multiple International Orders Across Africa, Asia, and Americas

L&T Heavy Engineering Secures Multiple International Orders Across Africa, Asia, and Americas​

L&T Heavy Engineering, the hi-tech manufacturing arm of Larsen & Toubro, has secured a series of international orders spanning diverse global markets including Asia, Africa, North America, South America, and Europe. These contracts reinforce the company’s standing as a leader in process plant equipment on a global scale.

The business recently won significant projects from Dangote Group, described as Africa's largest industrial conglomerate. The orders pertain to a mega refinery and multi-train fertilizer expansion in Nigeria and Ethiopia. The scope of work includes providing critical process equipment such as the world’s largest Fluid Catalytic Cracking Reactor Regenerator Package, along with essential urea and ammonia equipment.

Further expanding its global footprint, L&T has secured repeat business from a Japanese customer for the manufacturing and supply of Heat Exchangers and Absorbers for an LNG project located in Canada. Additionally, the company gained orders for core equipment including Coke Drums, Fractionator Columns, and Heat Exchangers from customers based in Spain, the US, and Brazil.

Anil Parab, Whole-time Director and Senior Executive Vice President Manufacturing at L&T, commented on these acquisitions, stating that "These orders reaffirm the trust and confidence that customers place in L&T's world-class manufacturing capabilities and its consistent track record of delivering high quality process equipment to global clients."

Larsen & Toubro is noted as a USD 32 billion Indian multinational. The company operates across various domains and geographies, focusing on EPC Projects, Hi-Tech Manufacturing, Products, and Services. With an impetus towards AI and technology, L&T has attained sustained leadership in its major lines of business for eight decades through its customer focused approach and quest for top-class quality.

The Order Classification provided by the company details different project scopes based on financial value:

LT Stock Price Movement​

Larsen & Toubro Limited sheds 0.99% in live trading as of 9:27 AM, with shares currently standing at ₹3755 following a drop of ₹37.40. The stock has seen significant intraday volatility, trading within the range of ₹3747.70 to ₹3773.40, amidst a volume of 122,736 shares traded so far.