Economy

L&T Secures Ultra-Mega ADNOC Offshore Order Worth ₹15,000 Crore

Business Standard1h
THE BRIEF
1

Larsen & Toubro (L&T) announced on August 4, 2026, that it has secured an ultra-mega contract from ADNOC Offshore in the UAE valued at over ₹15,000 crore.

2

The project involves complex engineering and construction services for offshore infrastructure, marking a significant expansion of L&T's footprint in the Middle Eastern energy sector.

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Following the announcement, L&T shares saw a positive market reaction, reflecting investor confidence in the company's ability to execute large-scale international infrastructure projects.