Larsen & Toubro's Power Transmission & Distribution business secured multiple EPC orders worth ₹10,000-15,000 crore across India, Saudi Arabia, and the UAE, including 380 kV transmission and substation projects in Saudi Arabia, 132/11 kV substations and cabling in the UAE, and a transmission system in Visakhapatnam, India, to strengthen power infrastructure and support renewable energy evacuation.
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Larsen & Toubro's Power Transmission & Distribution business is expanding its footprint in domestic and international markets to support grid strengthening and renewable energy evacuation projects.
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.
AI outlook — possibilities, not facts
Larsen & Toubro will secure additional EPC orders in power transmission and renewable energy infrastructure in the Middle East and India over the next 6-12 months
Likely · Within months
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