Engineering and construction major Larsen & Toubro today said it has bagged two orders totalling Rs 1,143 crore from Tata Steel for construction-related works.
In a filing to the Bombay Stock Exchange, L&T said its Metallurgical, Material Handling and Water Operating division would execute these orders.
The first order comprises of Rs 689 crore for construction of dry crushing and material preparation plant (DCMP) and engine-on-load (EOL) scheme while the other project order valued at Rs 454 crore is for constructing iron ore and pellet handling system, both at Jamshedpur.
The scope of work includes engineering, testing and commissioning of projects, the filing added.
These projects would be executed in a schedule of 30 months for the DCMP project, 24 months for EOL scheme and 23 months for iron ore and pellet handling system, it said.
L&T is already implementing blast furnace and pellet plant packages for three MTPA (million tonne per annum) expansion project of Tata Steel at Jamshedpur.
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With the bagging of above orders, L&T has emerged as the major partner of Tata Steel in the implementation of three MTPA expansion project, it added.
Shares of L&T were trading at Rs 706.70, up 5.09 per cent on the BSE.