L&T Secures Rs. 1,372 Crore Orders from Metallurgical Sector

Mumbai, December 16, 2008: Larsen & Toubro (L&T) has secured major orders aggregating to Rs. 1,372 crore from various customers like Vedanta Aluminium Limited, Utkal Alumina International Limited and Bhushan Steel Limited.

L&T has secured an order valued Rs. 516 crore from Vedanta Aluminium for setting up of a 3 million tonnes per annum (MTPA) alumina refinery at its Lanjigarh plant in Orissa. The scope involves civil, structural, tanks, equipment erection, piping and commissioning assistance for the alumina refinery. The project is to be executed in 20 months.

L&T has also secured order valued Rs. 455 crore from Utkal Alumina International for setting up of 1.5 MTPA green field alumina refinery at Doraguda near Rayagada in Orissa. The scope involves civil, piling, structural and tanks for the alumina refinery. The project is to be executed in 24 months.

In an another development, L&T secured an order valued Rs. 401 crore from Bhushan Steel for civil, structural, equipment erection and piping for its Phase-III expansion at Angul in Orissa which includes setting up a Steel Melt Shop and Coke Oven. L&T is already executing the other orders of a 3,800-cubic-metre blast furnace and 2x204-square-metre sinter plants for Bhushan Steel for Phase-III.

These orders, from major producers in ferrous & non-ferrous sector in the metallurgical field, portray the enormous confidence the industry has in L&T’s expertise in engineering, construction and project management.

L&T’s Capability Spectrum

The L&T Group is a $7 billion, technology, engineering, construction and manufacturing company. It has a culture of innovation, collaborations with global players and the resource and ability to respond positively to challenging requirements. A strong, customer-focussed approach and the constant quest for top-class quality have enabled the Company to attain and sustain leadership in its major lines of business across seven decades.

L&T’s capabilities cover large process plants, construction, electrical distribution, electronics and information technology. L&T is in a position to offer its customers a single window for meeting a variety of industrial requirements. L&T has a successful track record in building plant and equipment used in the oil & gas sector, refineries, infrastructure, minerals & metals, and power projects, and has technology relationships with world leaders that have enabled it to execute world-class projects.