Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) division has secured multiple major contracts in Saudi Arabia valued between Rs 25 billion and Rs 50 billion. The ‘large’ orders involve the construction of a 380 kV substation and associated transmission lines aimed at strengthening the nation’s power grid.

The first contract includes establishing a 380/33 kV Gas Insulated Substation (GIS). The project scope covers the installation of hybrid GIS components, 380 kV transformers and reactors, as well as systems for protection, control, automation, telecommunication, HVAC, and firefighting.

The second set of contracts pertains to the construction of 380 kV overhead transmission lines extending over 420 kilometres. These lines will enhance grid connectivity and support the integration of renewable energy sources into Saudi Arabia’s electricity network.

The projects form part of Saudi Arabia’s National Renewable Energy Programme (NREP), which aims to expand renewable capacity and modernise the grid to accommodate growing clean energy generation.

Earlier this week, L&T’s Heavy Engineering division secured multiple contracts worth between Rs 10 billion and Rs 25 billion across international and domestic markets. These include projects in the oil, gas, fertiliser, and nuclear power sectors.

Shares of Larsen & Toubro have risen by nearly 20.12 per cent over the past six months, reflecting investor confidence in the company’s strong order inflows and project execution capabilities.