L&T secures EPC order for solar PV project in Saudi Arabia
POWER & RENEWABLE ENERGY

L&T secures EPC order for solar PV project in Saudi Arabia

The renewables arm of Larsen & Toubro’s power transmission distribution business has secured a EPC contract, from the consortium of ACWA Power and the water and electricity holding company (a subsidiary of the public investments fund of Saudi Arabia ), for Sudair solar photovoltaic (PV) project of 1.5GW capacity.

The company stated that this project is considered the largest solar plant in Saudi Arabia with power purchase agreement (PPA) signed. It is also set to be one of the largest such plants in the world.

The project that is coming up in Riyadh province has a 30.8 sq km land parcel available to install a total capacity of 1.5GW PV solar modules with associated single axial tracker and inverters.

As part of the Saudi Arabia’s National Renewable Energy Programme (NREP), Sudair solar PV project is awarded to Public Investment Fund (PIF) and its partner, ACWA Power. This project is part of the 70% of the target capacity of 58.7 GW of the kingdom, assigned to PIF, while Renewable Energy Project Development Office (REPDO) would undertake competitive tendering for the remaining 30%, as announced by the Ministry of Energy in 2019.

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-Tech manufacturing and services.

Written from a company news release.

Image source

The renewables arm of Larsen & Toubro’s power transmission distribution business has secured a EPC contract, from the consortium of ACWA Power and the water and electricity holding company (a subsidiary of the public investments fund of Saudi Arabia ), for Sudair solar photovoltaic (PV) project of 1.5GW capacity. The company stated that this project is considered the largest solar plant in Saudi Arabia with power purchase agreement (PPA) signed. It is also set to be one of the largest such plants in the world. The project that is coming up in Riyadh province has a 30.8 sq km land parcel available to install a total capacity of 1.5GW PV solar modules with associated single axial tracker and inverters. As part of the Saudi Arabia’s National Renewable Energy Programme (NREP), Sudair solar PV project is awarded to Public Investment Fund (PIF) and its partner, ACWA Power. This project is part of the 70% of the target capacity of 58.7 GW of the kingdom, assigned to PIF, while Renewable Energy Project Development Office (REPDO) would undertake competitive tendering for the remaining 30%, as announced by the Ministry of Energy in 2019. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-Tech manufacturing and services. Written from a company news release. Image source

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement