BANGALORE, INDIA--(MARKET WIRE)--Aug 22, 2008 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Larsen & Toubro Limited (BOM:500510) (L&T) (Mumbai, India) and its global technology partners have secured several engineering, procurement and construction (EPC) contracts with an aggregate value of $954 million from domestic clients in the metal industry. A consortium of L&T, Outotec Oyj (HEL:OTE1V) (Espoo, Finland) and Paul Wurth Italia SpA (Genoa, Italy) secured a $634 million deal from Tata Steel Limited (BOM:500470) (Mumbai) to set up a 3,800-cubic-meter blast furnace and a pellet plant with a capacity of 6 million tons per year in Jamshedpur. The L&T-Outotec partnership clinched a $188 million deal to set up a 360-square meter sinter plant as part of the expansion program of Steel Authority of India Limited (BOM:500113) (SAIL) (New Delhi) to ramp up production capacity at its Rourkela Steel Plant to 4.5 million tons per year.

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