Saturday, 29 March 2025
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L&T Secures Record Offshore Contract, REC Approves ₹1.70 Trillion Borrowing, Godrej Expands in Navi Mumbai

  • L&T bags its largest-ever order from QatarEnergy LNG for an offshore project.
  • REC Ltd plans to raise ₹1.70 trillion in FY26 through various financial instruments.
  • Godrej Properties acquires CIDCO land in Navi Mumbai for ₹717 crore.

Larsen & Toubro (L&T) has achieved a significant milestone by securing its largest offshore contract to date from QatarEnergy LNG. The contract, classified under L&T’s highest “ultra mega” category, signifies the company’s growing influence in the global energy sector.

Meanwhile, REC Ltd has approved an ambitious ₹1.70 trillion borrowing plan for FY26, aimed at financing infrastructure and power sector projects.

Indian Corporates Make Bold Moves in Energy, Finance, and Real Estate

L&T’s record-breaking offshore contract highlights India’s growing role in the global infrastructure and energy space. The deal strengthens the company’s foothold in the Middle East and aligns with Qatar’s strategic goal of expanding LNG production. By executing this high-value project, L&T is set to reinforce its reputation as a leader in offshore engineering.

REC’s approval of a ₹1.70 trillion borrowing plan underscores the demand for large-scale financing in India’s power sector. With a mix of domestic and external funding, the company aims to support infrastructure development, ensuring financial stability and liquidity for upcoming projects. This move also signals confidence in India’s economic growth trajectory.

Godrej Properties’ acquisition in Navi Mumbai further solidifies its real estate expansion strategy. Kharghar, a well-connected locality with high residential demand, provides an opportunity for premium housing projects. With an estimated revenue potential of ₹3,500 crore, this project is set to boost Godrej’s market presence in Maharashtra’s competitive real estate landscape.

These corporate developments reflect the ongoing momentum in India’s infrastructure, energy, and real estate sectors. With major players making strategic investments, the country is poised for sustained economic growth, attracting both domestic and global investors.

India’s leading companies are making bold financial and strategic moves across key sectors, reinforcing the country’s growing influence in global markets. These investments signal long-term economic confidence and development.

“Success is where preparation and opportunity meet.” – Bobby Unser

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