Larsen & Toubro Strengthens Energy & Chemicals Presence with Major Odisha Project

has secured a large order worth around ₹2,500 crore to ₹5,000 crore from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture between and , for a coal-to-ammonium nitrate project in Odisha. The project will be developed on a Lump Sum Turnkey (LSTK) basis and includes process licensing, engineering, procurement, construction, commissioning, testing, and final handover. Once operational, the plant is expected to produce 2,000 tonnes of ammonium nitrate per day, supporting India’s growing mining, infrastructure, and industrial demand. The project also aligns with India’s broader coal gasification target of 100 million tonnes by 2030 under the Aatmanirbhar Bharat initiative, aimed at reducing import dependence and strengthening domestic industrial capabilities in the energy and chemicals sectors. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.