L&T Bags Mega Orders Worth Rs 10,000-15,000 Crore, Power Projects Span India, Saudi Arabia & UAE

Mumbai: Engineering giant Larsen & Toubro (L&T) has clinched multiple mega engineering, procurement and construction (EPC) contracts for its Power Transmission & Distribution (PT&D) division, spanning India, Saudi Arabia, and the United Arab Emirates. These orders are set to bolster power transmission infrastructure while facilitating the integration of renewable energy into grids.

Saudi Arabian contracts In Saudi Arabia, L&T secured orders for 380 kV transmission lines and substations. These projects aim to enhance transmission capacity and enable renewable energy distribution. The company stated these projects will reinforce Saudi Arabia's power grid and bolster renewable energy integration. UAE and India projects In the UAE, L&T was awarded an order to construct 132/11 kV substations and accompanying cabling works.

Simultaneously, in India, the firm landed a transmission system development contract for Visakhapatnam, inclusive of transmission lines and substations. L&T's mega orders definition L&T categorizes orders between Rs 10,000 crore and Rs 15,000 crore as "mega" orders, though the specific value of the recent contracts remains undisclosed.

Demand for grid enhancement Joji Sebastian, Executive Vice President and Head of PT&D at L&T, highlighted the company's engineering and execution prowess across diverse regions. Sebastian attributed the wins to increasing demand for grid reinforcement, renewable energy integration, and related infrastructure, with L&T leveraging its expertise and global reach to cater to clients' needs.

Power infrastructure focus L&T is a USD 32 billion Indian multinational engaged in EPC, hi-tech manufacturing, and services across several global markets. The firm's latest wins underscore its emphasis on power infrastructure projects as nations bolster grids and expand renewable energy capacities.