STOCKWATCH
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Civil Construction
Deals8 May 2024, 03:15 pm

L&T Secures Major Orders in Renewables and Grid Systems, Bolstering Their Dominance in Clean Energy Space

AI Summary

Larsen & Toubro's Power Transmission & Distribution business has secured significant orders in India, Kuwait, Rajasthan, and Karnataka. The orders include the establishment of floating solar plants, transmission lines, and gas-insulated substations, signifying their leading position in the clean energy sector.

Key Highlights

  • L&T secures orders for two floating solar plants in India with a combined capacity of over 150 MWac and 120 MWac ground-mounted solar capacity.
  • Orders includes construction of 765 kV Transmission Lines and a Gas Insulated Substation in Rajasthan and Karnataka.
  • Company wins an order to build a 400kV Gas Insulated Substation in Kuwait for the South Sabah Al-Ahmad City project.
  • PT&D receives orders to build a 400kV Overhead Transmission Line and two 400 kV Grid Stations in Oman as part of interconnection and grid strengthening.
  • Business also secures orders to construct two 132 kV Substations in the United Arab Emirates.
LT
Civil Construction
LARSEN & TOUBRO LTD.

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