L&T secures mega contract worth ₹10,000 to ₹15,000 crore
after close1 source ↓written by the desknot a recommendation
- valued between
- ₹10,000 crore and ₹15,000 crore
L&T's Metals & Minerals division has secured a mega-scale EPC contract valued between ₹10,000 crore and ₹15,000 crore. This contract includes an 18 MTPA iron ore handling facility in Chhattisgarh and steel plant expansions in West Bengal, reflecting ongoing capital expenditure in the mining and metals sectors.
The project wins are expected to enhance L&T's revenue streams and bolster its position in the heavy industrial sector, potentially lifting market sentiment.
Not investment advice. For informational purposes only.