COAL & MINES

L&T wins orders for supply of mining equipment to coal, cement sectors

Engineering conglomerate Larsen & Toubro (L&T) on Monday said it has won multiple orders for the supply of mining equipment to coal, cement and iron ore sectors.

In its statement on Monday, L&T announced new orders to supply 90 units of Komatsu mining equipment to state run miner Coal India’s subsidiaries, infrastructure companies engaged in the coal sector and clients in the iron ore and cement sectors.

“These orders are for the supply of 66 units of Komatsu 100 tonne and 60 tonne dump trucks, 15 units of Komatsu wheel loaders and 7 units of Komatsu hydraulic excavators and allied equipment,” the company said. It added, the scope includes supply of equipment and maintenance contracts for supporting operations over three to four years.

S N Subrahmanyan, managing director and chief executive officer (CEO) of L&T, said, “(These orders are) a strong indication of the revival taking place in the mining industry, driven by the progressive and supportive policies of the government.”

Source
business standard
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