Larsen & Toubro (L&T) has issued a clarification regarding a news item concerning the potential cancellation of oil project tenders in Kuwait. The company states that the specific projects mentioned in the report are not part of L&T’s current order book. L&T also refrains from commenting on the status of ongoing tenders or commercial decisions of its clients. The clarification was issued on January 13, 2026.
Kuwait Project Update
Larsen & Toubro (L&T) has addressed a media report discussing the possible cancellation of certain oil project tenders in Kuwait. The company clarified its position via an official statement released on January 13, 2026, responding to queries about the potential impact on its business.
Order Book Impact
In its clarification, L&T specifically stated that the projects referenced in the media report concerning the potential cancellation of oil project tenders in Kuwait are not part of the Company’s current order book. This statement aims to address concerns regarding the company’s financial exposure related to these specific projects.
Tender Status
The Company also stated that it cannot provide any comments regarding the status of tenders or commercial decisions of its clients. The company’s policy restricts it from commenting on ongoing or prospective projects and their commercial implications. This ensures that any commercial agreements or discussions remain confidential.
Source: BSE
