Home / Business and Economy / L&T Secures Mega West Asia Contracts
L&T Secures Mega West Asia Contracts
25 Aug
Summary
- L&T's stock closed higher following two major international contract wins.
- One contract is for an ultra-mega gas compression project valued over ₹15,000 crore.
- A second deal involves developing three battery storage projects worth ₹5,000-10,000 crore.
Larsen & Toubro's stock experienced a notable increase, closing at ₹4,119 on the NSE on Tuesday, August 25, 2026. This rise was attributed to the company's recent announcements of two substantial international contract wins secured consecutively.
The first major award came on Monday, August 24, 2026, when L&T's Energy Hydrocarbon Onshore division announced securing a contract for an ultra-mega gas compression facilities project in West Asia. The value of this project exceeds ₹15,000 crore.
Further bolstering its order book, L&T's Renewables business announced on Tuesday, August 25, 2026, a significant order valued between ₹5,000 crore and ₹10,000 crore. This contract is for developing three Battery Energy Storage System (BESS) projects in West Asia, collectively offering 6 gigawatt-hours of storage capacity.
These combined wins reinforce L&T's standing as a leading EPC contractor in West Asia, significantly adding to its order book across both hydrocarbon and renewable energy segments. L&T is an established Indian multinational with a diverse business portfolio spanning EPC, hi-tech manufacturing, and services.
