Larsen & Toubro will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live News

The Heavy Engineering arm of Larsen & Toubro has won multiple orders in Q3 of FY25 in the overseas and domestic markets. According to the company`s project classification, the value of the orders range between Rs 1,000 crore to Rs 2,500 crore. In the overseas market, it secured an order for LNG equipment for a project in the USA. One of the largest LNG project orders, this underscores L&T`s position as a global leader in the heavy engineering sector, leveraging extensive expertise and state-of-the-art manufacturing technology to deliver high-quality LNG equipment. The business also secured a breakthrough order for a loop reactor in a Propane Dehydrogenation (PDH) Polypropylene (PP) Plant in Turkey. The order is a testament to L&T`s hi-tech manufacturing prowess in the petrochemical segment. Further, the business has secured a prestigious repeat order from a leading oil & gas customer in Saudi Arabia for a Fluid Catalytic Cracking Unit (FCCU) revamp project. The order reaffirms L&T`s position as a reliable and trusted player in brownfield EPC space, delivering innovative and high-quality solutions for complex revamp projects. The business has then bagged an order from a prestigious client in Kuwait. This is for the supply of critical components for hydrocracker reactors and high-pressure heat exchangers. On the domestic front, Heavy Engineering has secured orders for three urea reactors - from Southern Petrochemical Industries Corporation for India`s longest urea reactor, Indian Farmers Fertiliser Cooperative Ltd, and Indorama India Private Ltd. These have taken the number of urea reactor orders that the business has received in recent years to 17 in a row, thus solidifying its dominance in the supply of critical equipment for the fertiliser sector. Powered by Capital Market - Live News

The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has won new orders in India and the Middle East. According to the company`s project classification, the value of the orders range between Rs 2,500 crore to Rs 5,000 crore. It has won an order to implement Advanced Distribution Management System in West Bengal. This technology makes power distribution smarter by combining Outage Management System and Distribution Management System functionalities. Through real time monitoring and control of medium and low voltage networks, the reliability of the network will be enhanced with quick isolation of faults and faster restoration. In Saudi Arabia, an order for a key 380kV Substation which will facilitate evacuation of solar generation has been secured. Then, at a major city project in Kuwait, PT&D has won a 400kV Substation order. In Dubai, PT&D has bagged orders for establishing a set of EHV substations which includes a 400/132kV Substation. Several substations are being added to the Emirate`s power transmission infrastructure as it seeks to remain a preferred destination to live, work and visit.Powered by Capital Market - Live News

The Ministry of Defence, Government of India, has awarded a major contract to Larsen & Toubro (L&T) for the supply of K9 Vajra-T Artillery Platforms to the Indian Army. According to the company`s project classification, the `major` order values between Rs 5,000 crore to Rs 10,000 crore. K9 Vajra-T, a 155 mm, 52-calibre tracked self-propelled artillery platform adapted from the world`s leading South Korean self-propelled howitzer K9 Thunder, is co-developed by L&T and Hanwha Aerospace, to suit customised requirements of the Indian Army for operations in varied terrains, including deserts, plains and high-altitude regions. In 2017, L&T had won the contract for the first batch of 100 K9 Vajra-T platforms through a global competitive bidding and after successful field evaluation. The Company delivered the Vajra Platforms ahead of schedule, thus demonstrating its capability to design, develop and manufacture such complex defence systems. These platforms have performed exceptionally well since induction. �Like the first batch, the second batch of the K9 Vajra-T too will be manufactured at our Armoured Systems Complex at Hazira in Gujarat. The state-of-the-art manufacturing facility was dedicated to the nation by Honourable Prime Minister Shri Narendra Modi in Jan 2019 and it has since been playing a key role in developing and building armoured and artillery platforms in an integrated industrial ecosystem comprising of several MSME partners,� said Arun Ramchandani, Senior VP & Head � L&T Precision Engineering & Systems. Powered by Capital Market - Live News

L&T-Cloudfiniti, the Data Centre business initiative of Larsen & Toubro, has onboarded its first major customer at the state-of-the-art hyperscale data centre located in Sriperumbudur near Chennai. Cloudfiniti`s Sriperumbudur Data Centre has a built-in capacity of 30 MW, and of this, 12 MW colocation-ready capacity is live across two floors. The client, a leading cloud service provider has rented as much as 6 MW IT Load capacity, consisting of high-density racks spread over an entire floor, and a bulk bandwidth, thus marking it a major customer-win for Cloudfiniti at the very start. The contract tenure, which is 10 years, underscores the trust the client has posed on Cloudfiniti`s high-tech capabilities, cutting-edge infrastructure, and the strategic location of the data centre.Powered by Capital Market - Live News