L&T bags ₹10,000-15,000 cr orders in India, Gulf

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Business News›Industry›Energy›Power›L&T wins ₹10,000-15,000 crore power transmission orders in India, Middle East
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L&T wins ₹10,000-15,000 crore power transmission orders in India, Middle East
Synopsis
Larsen & Toubro’s Power Transmission & Distribution business has won multiple EPC orders worth ₹10,000-15,000 crore across India, Saudi Arabia and the UAE. The projects include 380 kV transmission and substation works in Saudi Arabia, 132/11 kV substations and cabling in the UAE, and a transmission system of lines and substations in Visakhapatnam.
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ReutersL&T bags ₹10,000-15,000 crore EPC orders across India and Gulf
Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has secured multiple engineering, procurement and construction (EPC) orders worth ₹10,000-15,000 crore in India and overseas to strengthen power transmission infrastructure and facilitate renewable energy evacuation, the company said in an exchange filing on Monday.
In Saudi Arabia, PT&D has won orders in the 380 kV transmission and substation segments. The projects will support transmission capacity augmentation and renewable energy evacuation, thereby strengthening Saudi Arabia’s power transmission network and facilitating integration of renewable energy into the grid, as per the company’s exchange filing.
In the United Arab Emirates, the business has won an order for constructing 132/11 kV substations and associated cabling works.
In the domestic market in India, it has secured an order from a leading private sector developer for setting up a transmission system – comprising transmission lines and substations – in Visakhapatnam.
“These order wins demonstrate the breadth of PT&D’s engineering and execution capabilities and the ability to deliver complex power infrastructure solutions across geographies. With the growing demand for grid strengthening, renewable energy integration and associated infrastructure, we are leveraging our technology, project execution expertise and global presence to deliver value for our esteemed clients,” Joji Sebastian, Executive Vice President & Head – PT&D, L&T, said.
Larsen & Toubro shares were trading at ₹3,733.40 on the NSE at 9:42 am on October 5.
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