Engineering and construction company Larsen & Toubro Ltd (L&T) said its metallurgical material handling and water operating unit won engineering, procurement and construction (EPC) orders, worth Rs1,749 crore, from state-run SAIL and BALCO.
The unit along with Italy-based Paul Wurth received Rs1,627 crore EPC contract to build the 2.8 MTPA blast furnace for SAIL-Bhilai Steel Plant. L&T's share in the contract is Rs1,010 crore.
L&T in consortium with Outotec of Germany, has won Rs670.73 crore EPC contract to build a 3.7 MTPA sinter plant for SAIL-Bhilai Steel Plant. L&T's share in the contract is Rs538.29 crore, said the company in a statement.
In the non-ferrous segment, L&T won an additional order of Rs201 crore from BALCO for capacity expansion of its smelter at Korba.
On Thursday, L&T shares ended 0.2% up at Rs1,809 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.2% down at 18,172 points.
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