L&T has won a big order. They received a contract worth Rs 15,000 crore from Adani Power to build eight thermal power plants.
Larsen & Toubro (L&T) has secured a major contract worth over ₹15,000 crore, but it is not from Adani Power. The company received a contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project. The work involves designing, procuring, fabricating, installing, and commissioning two offshore compression complexes located about 80 km off the northeast coast of Qatar.
This order is significant as it is L&T's largest single order ever. It enhances the company's global energy portfolio and supports Qatar's energy security goals. The project includes building large offshore platforms that will have compression, power generation facilities, living quarters, flare platforms, and other necessary structures.
Recently, L&T has landed several other major orders, including:
1. Large Orders in India and Overseas
L&T's power and transmission sector won contracts totaling up to ₹5,000 crore in India and Saudi Arabia to set up transmission lines and substations.
2. Residential and Commercial Projects
The company obtained large orders from Brigade Group to construct residential and commercial towers in Hyderabad and Chennai, worth up to ₹5,000 crore.
3. Construction Projects
L&T's buildings and factories division secured significant orders in India and overseas, including projects in Amaravati and Mumbai, along with a repeat order in Oman for building high-quality office space.
L&T's stock has been doing well, currently priced around ₹3,607.6, with a drop of 0.94% on August 8, 2025. The stock has provided a return of 0.95% over the last month and 9.08% over the past six months.
Larsen & Toubro (L&T) is a well-known Indian multinational company with a strong presence in various sectors, including:
1. Technology
Providing innovative solutions for key areas like hydrocarbon, infrastructure, power, and defense.
2. Engineering
Offering design, engineering, and construction services for complex projects.
3. Construction
Carrying out large-scale infrastructure projects such as buildings, roads, and bridges.
4. Manufacturing
Producing capital goods, heavy engineering equipment, and other specialized products.
5. Financial Services
Offering financial solutions, including loans and investments.
Some of L&T's notable accomplishments include:
1. Large Orders
Recently winning an "ultra-mega" contract worth over ₹15,000 crore from Adani Power for eight thermal power units.
2. Diversified Portfolio
Operating in over 50 countries, with a strong presence in India and the Middle East.
3. Innovative Solutions
Developing advanced technologies, including carbon capture systems and smart city solutions.
4. Strong Financials
With a market capitalization of ₹5,15,897.08 crore and stable stock performance.
L&T's business units include:
1. CarbonLite Solutions
Offering integrated solutions from concept to commissioning for power plants and low-carbon technologies.
2. Hydrocarbon
Providing services for offshore and onshore hydrocarbon projects.
3. L&T Realty
Developing residential and commercial properties in India.
4. L&T Technology Services
Delivering engineering research and development services.
5. L&T EduTech
Creating globally employable talent through modern learning and training programs.
With a history of over 80 years, L&T has positioned itself as a leader in various fields, known for its commitment to quality, innovation, and customer satisfaction.
Larsen & Toubro (L&T) is a prominent Indian multinational corporation with a rich history of over eight decades. Here’s a brief overview:
1. Founding
L&T was founded in 1938 by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro in Mumbai, starting as a partnership firm that imported machinery from Europe for sale in India.
2. Early Years
During World War II, L&T began making dairy equipment locally, marking its first step into manufacturing. The company collaborated with DRDO on design and development projects.
3. Growth and Diversification
After India's independence, L&T capitalized on the growing need for modern factories, infrastructure, and other critical sectors. The company expanded internationally, operating in the Middle East, Africa, and Asia-Pacific regions.
4. Recent Milestones
L&T has secured major contracts, including an "ultra-mega" contract worth over ₹15,000 crore from Adani Power for eight thermal power units. The company has also focused on sustainability, aiming for net zero emissions by 2035.
Future Prospects
1. Renewable Energy
L&T is set to play a key role in India's shift to renewable energy, focusing on solar PV and battery storage projects.
2. Infrastructure Development
The company plans to keep investing in infrastructure growth, including transportation, power, and water projects.
3. Technological Advancements
L&T aims to use technology to increase innovation and efficiency, emphasizing digital transformation and Industry 4.0.
4. Global Expansion
With operations in over 30 countries, L&T is looking to expand its global reach, especially in the Middle East and Africa.
Key Business Verticals
1. Construction
L&T Construction ranks among the world's top contractors, with expertise in buildings, factories, transport infrastructure, and large civil projects.
2. Hydrocarbon
L&T provides integrated solutions from design to commissioning for the oil and gas sector.
3. Precision Engineering and Systems
The company offers complete local design and realization solutions for various industries.
4. Shipbuilding
L&T's shipbuilding division delivers total solutions for new builds and ship repairs.
5. Renewables
L&T is investing in renewable energy, including solar PV and battery storage projects.
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