Tag: L&T

Larsen & Toubro (L&T) has secured a major international infrastructure contract worth between ₹5,000 crore and ₹10,000 crore for the extension of the Riyadh Metro in Saudi Arabia. The project has been awarded by the Royal Commission for Riyadh City and marks another significant overseas win for the Indian engineering and construction major.

The order relates to the extension of the Red Line of the Riyadh Metro and will be executed by L&T’s Heavy Civil Infrastructure business. Under the contract, L&T will be responsible for the design and turnkey construction of the new metro corridor. The project will be carried out as part of a global consortium that includes international and regional partners.

The metro extension will span 8.4 kilometres and include a combination of underground and elevated sections. The project will also feature five new metro stations, aimed at improving public transport access and easing traffic congestion in the rapidly growing Saudi capital. Once completed, the extension is expected to enhance connectivity across key parts of Riyadh and support the city’s long-term urban mobility plans.

The Riyadh Metro is one of the largest public transport projects in the Middle East and forms a core part of Saudi Arabia’s efforts to modernise its infrastructure under its broader economic diversification strategy. The Red Line is a crucial corridor in the network, and the extension will further strengthen the system’s reach and efficiency.

L&T has a strong track record in executing large metro and rail infrastructure projects both in India and overseas. The company’s growing presence in the Middle East has helped it secure several high-value contracts in recent years, contributing significantly to its international order book.

Following the announcement, L&T shares moved higher in early trade, reflecting positive investor sentiment around the company’s robust project pipeline and continued global expansion. The order also comes at a time when the company is preparing to announce its quarterly financial results, with analysts expecting steady performance driven by strong infrastructure demand.

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Engineering and construction major Larsen & Toubro (L&T) has secured a large order from Petronet LNG for a key petrochemical project in Gujarat, strengthening its position in India’s energy infrastructure space. The contract has been awarded to L&T’s Hydrocarbon Onshore business and falls under the company’s “large” order category, which typically implies a value ranging between ₹2,500 crore and ₹5,000 crore.

Petronet LNG is a joint venture promoted by four state-run energy majors — ONGC, Indian Oil Corporation, GAIL (India) and Bharat Petroleum Corporation. The company has commissioned L&T to execute the project at its Dahej Petrochemical Complex on a lump sum turnkey basis, covering engineering, procurement, construction and commissioning.

As part of the project scope, L&T will build advanced cryogenic storage infrastructure to support downstream petrochemical operations. This includes a 170,000 cubic metre LNG/ethane double-wall storage tank and a 140,000 cubic metre propane double-wall storage tank. In addition, the company will develop associated facilities for handling, storage and dispatch of ethane and propane, which are essential feedstocks for petrochemical manufacturing.

The Dahej facility is being developed as India’s first integrated petrochemical complex to leverage “cold energy utilisation” from an LNG terminal. This innovative approach is expected to improve energy efficiency by using the cold energy released during LNG regasification in downstream petrochemical processes. The project will support the production of polypropylene through propane dehydrogenation (PDH) units, helping reduce India’s dependence on imported polymers.

L&T said the order reflects its strong capabilities in executing complex hydrocarbon projects that require high levels of technical expertise, safety compliance and timely delivery. The company has a long track record in building large-scale oil, gas and petrochemical infrastructure in India and overseas.

The contract win is also aligned with India’s broader push to expand domestic petrochemical capacity and strengthen value addition within the country. Market participants view the order as a positive development for L&T, reinforcing its robust order book and steady flow of large domestic projects.

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Larsen & Toubro (L&T) has secured a significant infrastructure contract for Phase-2 of the Hyderabad Greenfield Radial Road project, reinforcing its strong presence in India’s transportation infrastructure sector. The project is located in Ranga Reddy district, Telangana, and has been awarded to L&T’s Transportation Infrastructure business.

According to the company’s regulatory filing, the order is categorised as a “significant” contract, with an estimated value ranging between ₹1,000 crore and ₹2,500 crore. The project involves the construction of a 22.3-km long, access-controlled radial road designed to improve connectivity between Hyderabad’s Outer Ring Road (ORR) and the proposed Regional Ring Road (RRR), which is expected to play a key role in decongesting the city and supporting regional growth.

The road will be built with three lanes on each side and is intended to allow smooth, high-speed traffic movement. A major component of the project is the construction of a 3.6-km long viaduct, along with several minor bridges and underpasses. The scope of work also includes the development of service roads, drainage systems, footpaths, cycle tracks, and landscaping, making the corridor more commuter-friendly and sustainable.

The Hyderabad Greenfield Radial Road project is part of a broader urban infrastructure plan aimed at improving last-mile connectivity, reducing travel time, and facilitating better movement of people and goods. By linking the ORR with the upcoming RRR, the road is expected to ease traffic pressure on existing routes and support the expansion of residential, commercial, and industrial hubs around Hyderabad.

L&T stated that the project will be executed within the stipulated timeline as per contract conditions. The order win highlights the company’s continued success in securing large public infrastructure projects and reflects ongoing government focus on road development and urban mobility.

With Hyderabad witnessing rapid urbanisation and increased traffic volumes, the completion of this radial road is expected to significantly enhance regional connectivity, boost economic activity, and contribute to the city’s long-term infrastructure growth.

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Larsen & Toubro (L&T) will manufacture the BvS10 Sindhu, an all-terrain armoured vehicle, for the Indian Army at its Hazira facility in Gujarat.

The vehicle is designed to operate in high-altitude mountains, deserts, marshes, and flooded areas. It is also amphibious, able to move through water. The modular design allows it to be used as a troop carrier, command post, ambulance, cargo vehicle, or weapon platform.

The project is in collaboration with BAE Systems Hägglunds, the original designers of the BvS10, who will provide technical support. L&T will handle local manufacturing, maintenance, and long-term support, ensuring the vehicles remain operational throughout their lifecycle.

This deal is a major step under Make-in-India, strengthening domestic defence manufacturing while providing the Army with robust, versatile vehicles for difficult terrains.

The BvS10 platform is already used by countries like the UK, Sweden, France, Austria, the Netherlands, and Ukraine, and the Indian version “Sindhu” will now be produced locally.

Tommy Gustafsson Rask of BAE Systems praised the vehicle’s mobility in extreme climates, while L&T officials highlighted their role in building advanced defence systems in India.

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