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L&T Secures Mega Power Transmission Orders Across Three Markets
L&T has won several projects to build power infrastructure.
The work is in India, Saudi Arabia and the United Arab Emirates.
In Saudi Arabia, it will work on high-voltage power lines and substations.
In the UAE, it will build substations and related cables.
In India, the company will build power lines and substations in Visakhapatnam.
The Indian project is for a private-sector developer.
The projects are intended to strengthen electricity networks and help connect renewable energy to the grid.
The headline says the orders are worth up to Rs 15,000 crore, and L&T’s stock rose.
Larsen & Toubro said its Power Transmission & Distribution business won multiple EPC orders.
The orders span India, Saudi Arabia and the United Arab Emirates.
In Saudi Arabia, projects cover 380 kV transmission and substation segments.
In the UAE, work includes 132/11 kV substations and associated cabling.
In India, L&T will build transmission lines and substations in Visakhapatnam for a private-sector developer.
- Who
- Larsen & Toubro’s Power Transmission & Distribution business.
- What
- It secured multiple EPC orders for power transmission infrastructure in India, Saudi Arabia and the United Arab Emirates.
- Where
- India, Saudi Arabia and the United Arab Emirates, including Visakhapatnam.
- When
- Not stated in the article.
- Why
- The projects are intended to strengthen transmission networks and enable renewable energy evacuation.
Key facts
- Order value
- Up to Rs 15,000 crore, according to the headline.
- Business division
- Power Transmission & Distribution
- Order type
- Multiple EPC orders
- Saudi Arabia work
- 380 kV transmission and substation segments
- UAE work
- 132/11 kV substations and associated cabling
- India work
- Transmission lines and substations in Visakhapatnam for a leading private-sector developer
- Stock movement
- The headline reports that the stock rose.
Quotes
Larsen & Toubro
The engineering and construction company announcing the orders in a stock-exchange statement.
“In Saudi Arabia, the Power Transmission & Distribution vertical has won orders in the 380 kV transmission and substation segments.”
timesnownews.com
Sources
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