Indian construction and engineering conglomerate Larsen and Toubro (L&T) said it has been awarded the front-end engineering and design (FEED) contract by Singapore-based Meranti Green Steel (MGS) for a major green iron project in Duqm, Oman, with a 2.5 million tonnes per annum capacity.
Singapore-headquartered Meranti Green Steel has announced that it has secured full offtake coverage for the first module of its green Hot Briquetted Iron (HBI) production from its new iron plant within the Duqm Special Economic Zone in Oman, thus marking a key commercial milestone for the project.
