New Delhi, March 26 -- Larsen & Toubro (L&T) is likely to emerge as the winning bidder for a significant project from QatarEnergy LNG worth between USD 4 billion and USD 4.5 billion, according to the Axis Capital report, which cited a media report.

This contract is a part of QatarEnergy's broader plan to expand its liquefied natural gas (LNG) production capacity from 70 million tonnes per annum (MTPA) to 126 MTPA.

L&T has already disclosed approximately Rs 350 billion in core orders on exchanges for Q4FY25.

With the addition of the Qatar contract, the company is well-positioned to exceed Axis Capital's estimated Rs 600 billion core order inflow for the quarter, the report added.

The firm is also set to surpass its annual consolidated ...