Larsen & Toubro’s Power Transmission & Distribution (PT&D) division has secured multiple large orders in India and the Middle East, the company announced in a press release today.
The shares of Larsen & Toubro Limited were trading at ₹3,171.95 up by ₹8.10 or 0.26 per cent on the NSE today at 12.08 pm.
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In India, L&T won a contract to implement 765kV and 400kV transmission line segments for a Renewable Energy Zone in Uttar Pradesh. The company also secured an order for turnkey construction of a 400kV transmission line to evacuate power from a non-fossil fuel-based power plant in southern India.
Internationally, L&T received an order for a 380kV Gas Insulated Substation in Saudi Arabia, which includes associated reactors and installation of hybrid GIS bays. In Abu Dhabi, the company will set up a new 220/33kV grid station along with associated infrastructure.
The company stated that these repeat orders from longstanding customers highlight L&T’s crucial role in establishing efficient grid infrastructure across regions, facilitating faster expansion of renewable energy generation.
Larsen & Toubro is a $27 billion Indian multinational with operations spanning EPC Projects, Hi-Tech Manufacturing, and Services across multiple geographies. The company has maintained leadership in its major business lines for eight decades through customer focus and quality standards.