L&T Wins Up to ₹15,000 Crore Orders Across Markets

Larsen & Toubro has reported a series of domestic and overseas order wins across public infrastructure, power transmission and rail systems. The projects span New Delhi, Amaravati, Dubai, India, Saudi Arabia and the UAE, underlining the company’s presence across engineering, procurement and construction activities. Its recently reported order announcements include contracts classified as large, major and mega under the company’s internal order-value categories. A Bloomberg News estimate also pegged the average for the quarter ending September 30 at about ₹111,000 crore, though the supplied information does not specify the underlying financial metric.

Public infrastructure orders in Delhi and Amaravati

On October 21, L&T said its public spaces, airports and health business vertical had secured large orders in India. The company classifies large orders as those valued between ₹2,500 crore and ₹5,000 crore. One contract was awarded by the Central Public Works Department for Common Central Secretariat buildings 4 and 5 along Kartavya Path in New Delhi. The EPC project includes two buildings with basement, ground and seven floors, covering a combined built-up area of 32.8 lakh square feet.

The second order came from the Andhra Pradesh government for two office towers at Amaravati. The towers will be located on either side of the Amaravati Quantum Computing Centre and will each have basement, ground and 47 floors. Their combined built-up area is 37.5 lakh square feet. L&T said the design-and-build scope includes shell and core works, with completion scheduled in 30 months.

Dubai airport people mover contract

L&T has also won a large order for an Automated People Mover System at Dubai’s Al Maktoum Airport. The order is in the ₹2,500 crore to ₹5,000 crore category based on L&T’s classification of large projects. The contract adds to the company’s international transport-infrastructure portfolio. L&T is already executing integrated rail systems work for the Mumbai Metro, Dhaka Metro and Jakarta MRT networks.

The Dubai project places L&T in an airport-mobility segment that requires the integration of rail systems with terminal and airport operations. The supplied information does not disclose the exact order value, project schedule or detailed scope for the Dubai contract. Still, the win follows the company’s stated focus on executing transport projects across multiple Asian markets.

Power transmission work across key markets

L&T’s Power Transmission & Distribution business has reported multiple EPC orders worth ₹10,000 crore to ₹15,000 crore across India, Saudi Arabia and the UAE. The company has classified these as mega orders. The reported portfolio includes gas-insulated substation and transmission-line projects in India, along with 380kV overhead line installations in Saudi Arabia.

Additional orders were cited in the UAE, Qatar and Oman, besides further projects within India. Power transmission projects are generally executed over extended schedules and require coordination with utilities, equipment suppliers and local authorities. The disclosures provided do not state the individual values or timelines for each of these contracts.

Dhaka Metro project adds rail experience

L&T Construction, in a joint venture with Japan’s Marubeni Corporation, had earlier secured a ₹3,191 crore order from Dhaka Mass Transit Company. The project covers the electrical and mechanical systems package for Dhaka Mass Rapid Transit Development Project MRT Line 6. L&T said the contract was won through international competitive bidding.

MRT Line 6 is identified as the first route of Bangladesh’s Mass Rapid Transit system. The project is funded by the Japan International Cooperation Agency through bilateral aid from Japan to Bangladesh. Dhaka Metro resumed services on August 25, 2024, after an interruption of more than 30 days, according to the supplied update.

Bengaluru Suburban Rail civil works

L&T has also won civil works for the Bengaluru Suburban Rail Project’s Kanaka line. The contract includes a 1.2-km double-decker alignment for BSRP Corridor 1 and Corridor 4 near Yelahanka. It also includes a 500-metre elevated BSRP viaduct below a Bangalore Metro Rail Corporation Limited viaduct near Benniganahalli.

L&T said the work involves sharing the right of way between the suburban rail project and BMRCL. The company described this arrangement as the first of its kind in India. Such projects highlight the engineering complexity involved in adding new rail infrastructure within dense urban transport corridors.

Mumbai redevelopment order broadens portfolio

In July 2026, L&T announced that its RCF vertical had won a major order for a housing redevelopment project in Mumbai. The project involves constructing 26 high-rise towers, each 120 metres tall, using precast construction technology. A major order is classified by L&T as having a value between ₹5,000 crore and ₹10,000 crore.

The Mumbai order differs from the company’s transport and power contracts but remains within its complex urban-construction portfolio. It also reflects the role of redevelopment activity in the company’s building and factories business. The supplied information does not provide the project’s precise value or completion schedule.

Key reported projects and figures

Hyderabad Metro stake sale updates

L&T disclosed on September 30, 2026, that the completion timeline for disposal of its stake in L&T Metro Rail (Hyderabad) Limited had been extended to December 31, 2026. A separate item in the supplied material states that L&T completed divestment of its entire shareholding for ₹1,461.47 crore to Hyderabad Metro Rail Limited, a Government of Telangana enterprise. The supplied material does not provide the date of that reported completion or enough information to reconcile it with the September 30 extension.

The updates are relevant because L&T’s new order announcements cover asset-light EPC and construction activity, while the Hyderabad Metro transaction concerns its investment in an operating urban-rail venture. Investors will need to rely on the company’s subsequent regulatory disclosures for confirmation of the final status of the transaction.

What the order flow means for L&T

The reported contracts show L&T operating across building construction, airport systems, urban rail, housing redevelopment and high-voltage transmission. The geographic spread includes India, the Middle East and Bangladesh, supported by both government agencies and public-sector project authorities. The order categories indicate a pipeline containing projects of meaningful scale, although the exact value of several individual contracts has not been disclosed.

For the broader infrastructure sector, the announcements point to continued activity in public buildings, urban mobility and grid development. Execution schedules, project funding and timely regulatory approvals will remain important for converting announced contracts into revenue. L&T’s next order disclosures and updates on the Hyderabad Metro divestment timeline will provide further clarity on its project pipeline and portfolio changes.