L&T Secures 'Large' Zinc Plant Contract from Hindustan Zinc! 🏗️
Hey there, finance enthusiasts! Big news from the world of infrastructure and engineering. Larsen & Toubro (L&T), a true titan in the sector, has just announced a major win for its Minerals & Metals (M&M) business.
L&T has secured a ‘Large’ contract, which, according to their classification, means it’s valued between ₹2,500 Crore and ₹5,000 Crore! This impressive order comes from Hindustan Zinc Limited (HZL), a prominent Vedanta Group company.
So, what’s the project all about? L&T will be undertaking an Engineering, Procurement, and Construction (EPC) project for HZL’s new facility at their Debari Smelter Complex in Rajasthan. This state-of-the-art plant is designed to produce Special High Grade Zinc Cathodes (99.995% Zn). Think of it as building a highly specialized factory from the ground up!
The scope of work is comprehensive, covering everything from the initial design and engineering to procurement, and then full site services including installation and commissioning. This includes the Calcine Storage, Leaching, Purification, and Electrowinning (Jumbo Cell House) plant, along with all necessary auxiliaries like utilities, water treatment systems (ETP RO-ZLD), plant electrics, instrumentation, and automation. It’s a complete package deal! 🛠️
This isn’t L&T’s first rodeo with HZL; this new contract further strengthens a partnership that spans over three decades. L&T has consistently been a trusted EPC partner for HZL’s capacity expansion initiatives, from beneficiation plants to smelter facilities.
Mr. T Kumaresan, Senior Vice President & Head - Minerals & Metals at L&T, highlighted the significance of this win, stating, “This win reaffirms L&T’s leadership in the Minerals & Metals sector and underscores our commitment to delivering excellence that ensures customer satisfaction.” It’s a testament to L&T’s deep expertise and reliable execution in this specialized field.
L&T’s M&M vertical is known for offering world-class, end-to-end EPC solutions across various sectors, including mining, minerals processing, industrial products, and material handling. With manufacturing facilities in Kansbahal (Odisha) and Kancheepuram (Tamil Nadu), they’re well-equipped to handle such complex projects.
This contract win is a clear indicator of L&T’s continued strength and leadership in India’s industrial landscape. Keep an eye on how this project unfolds! ✨
source: Corporate Announcement
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