L&T bags new projects in India, overseas for setting up substations, transmission lines

L&T bags news projects: Infrastructure giant Larsen & Toubro (L&T) on Monday said that it has secured significant new contracts both domestically and internationally for the construction of substations and transmission lines. These substantial orders were awarded to L&T's Power Transmission and Distribution (PT&D) division, as detailed in a filing to the Bombay Stock Exchange (BSE).

Classified as 'large' by the company, the order values range between Rs 2,500 crore and Rs 5,000 crore. These projects are set to enhance grid capacity, facilitating a faster transition to clean energy and ensuring a reliable and resilient power supply. In India, L&T has been entrusted with the execution of two double circuit transmission line projects. These projects aim to evacuate power from the Jaisalmer/Barmer Renewable Energy Zone in Rajasthan to substations in Madhya Pradesh, enhancing interconnections within the grid.

Internationally, L&T has secured orders in Saudi Arabia to fortify the country's 380kV network in the central region. This includes the construction of a 380kV substation and 380kV overhead line segments. In the United Arab Emirates, the company will undertake the construction of one substation and three additional substations.

Larsen & Toubro, a USD 27-billion Indian multinational, is renowned for its expertise in engineering, procurement, and construction (EPC) projects, high-tech manufacturing, and services, with operations spanning multiple geographies.

(With PTI inputs)