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L&T receives significant EPC contract in Saudi Arabia
In the most recent quarter, the power transmission and distribution division of Larsen & Toubro (L&T) received sizeable EPC orders to build transmission lines and substations in Saudi Arabia. Orders for products valued between Rs 10 billion and Rs 25 billion have been given to L&T.
More than 400KM of 380kV overhead transmission lines, as well as a new 230kV gas-insulated substation with related automation and protection systems, will be built by it.
According to the filing, these recurrent orders from the biggest provider of electric energy systems in the MENA area show the company's core competencies and the customer trust it has built up over the course of its engagement with Saudi Arabia for many years. With operations in more than 50 countries, the Indian multinational L&T is active in the infrastructure sector.
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