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

10 Apr 2021 CW Team

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

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..