Larsen & Toubro Share Price in Focus; Secures Large Order for Coal Gasification Project

Larsen & Toubro (L&T) has secured a significant large order from Bharat Coal Gasification and Chemicals Ltd (BCGCL) for a coal-to-ammonia-nitrate project in Odisha.  

This project is a joint venture of Coal India Ltd and Bharat Heavy Electricals Ltd, aimed at bolstering India's energy security. 

Details of the Coal Gasification Project 

The order involves the development of a Nitric Acid and Ammonium Nitrate Plant, executed on a Lump Sum Turnkey basis.  

The facility will convert coal into ammonium nitrate with a production capacity of 2,000 tonnes per day, supporting India's mining, infrastructure, and industrial sectors. 

The scope of work includes process licensing, basic design, detailed engineering, procurement, and construction.  

It covers mechanical completion, pre-commissioning, commissioning, sustained load and performance guarantee test runs, project management, and final handover. 

Significance of the Order 

This order highlights BCGCL's confidence in L&T's capabilities in executing complex, technology-intensive projects under challenging conditions.  

It aligns with India's Aatmanirbhar Bharat initiative, which aims to achieve 100 million tonnes of coal gasification capacity by 2030. 

The mission seeks to convert high-ash domestic coal into value-added products like ammonium nitrate, methanol, ammonia, Synthetic Natural Gas, and fertilisers, reducing import dependence. 

Orders are classified by value: ₹1,000–2,500 Cr as Significant, ₹2,500–5,000 Cr as Large, ₹5,000–10,000 Cr as Major, ₹10,000–15,000 Cr as Mega, and above ₹15,000 Cr as Ultra-Mega. 

Read More: Larsen & Toubro Share Price in Focus; Sells Hyderabad Metro Stake for ₹1,461.47 Crore! 

Comments from L&T Leadership 

As per the exchange filings, commenting on the order win, Mr Subramanian Sarma, Deputy Managing Director & President - L&T, said: “This large order strengthens L&T’s presence in the gasification and downstream chemicals EPC space. Indigenous gasification infrastructure will play a pivotal role in India’s energy transition, and this order reinforces our ability to deliver complex, technology-intensive projects at scale”.  

Mr E S Sathyanarayanan, Senior Vice President & Head of L&T Onshore and Member of L&T’s Executive Committee, said: “Winning the LSTK Package-4 order reflects BCGCL’s trust in our execution capabilities. Our robust engineering and unwavering focus on EHS and quality will ensure reliable and efficient delivery of the Nitric Acid and Ammonium Nitrate facilities”. 

L&T's Role in the Hydrocarbon Sector 

L&T Energy Hydrocarbon Onshore is a major player in India's EPC sector, delivering comprehensive solutions across upstream, midstream, and downstream hydrocarbon sectors.  

It has a strong track record in refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals, and cross-country pipelines. 

Larsen & Toubro Share Price Performance 

As of May 05, 2026, at 10:01 AM, Larsen & Toubro share price on NSE was trading at ₹4,056.10 down by 1.09% from the previous closing price. 

Conclusion 

Larsen & Toubro's new order for a coal-to-ammonia-nitrate project in Odisha underscores its expertise in handling large-scale, technology-driven projects. This initiative is a step towards enhancing India's energy security and industrial self-reliance. 

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