L&T secures power project in Bangladesh
POWER & RENEWABLE ENERGY

L&T secures power project in Bangladesh

Construction major Larsen and Toubro (L&T), operating in over 30 countries worldwide, has entered the power segment of Bangladesh, securing orders to install a slew of transmission lines.

The project's scope will be to design, supply, install, test, and commission extra high voltage transmission lines on a turnkey basis to cater to the power demand in emerging load centres and the greater Dhaka region.

The orders have come under four categories, significant, large, major and mega, with values ranging between Rs 1,000 crore and above Rs 7,000 crore.

As cross border power connectivity has come up as a bridge for the India-Bangladesh relationship, India has already proposed investing more than Rs 65,700 crore, as of recent exchange rates in Bangladesh's power and energy sectors.

Reliance Power has already committed to setting up a 750 MW gas-based power project at Meghanahat near Dhaka. NTPC Vidyut Vyapar Nigam has entered into a pact for supplying power to Bangladesh from Tripura and Nepal. Adani Power has entered an agreement to supply 1,600 MW from its plant in Jharkhand to Bangladesh. DVC has already started exporting 300 MW to Bangladesh.

L&T said several projects are ready to begin, including the construction of the country's first nuclear power plant. The transmission projects would boost cross border electricity trade, the company said while elaborating on the new projects.

L&T project classification

Classification

Significant

Large

Major

>Mega

Value (in Rs cr)

1,000 to 2,500

2,500 to 5,000

5,000 to 7,500

>7,000


Also read: L&T Construction bags “large” order from RVNL

Construction major Larsen and Toubro (L&T), operating in over 30 countries worldwide, has entered the power segment of Bangladesh, securing orders to install a slew of transmission lines. The project's scope will be to design, supply, install, test, and commission extra high voltage transmission lines on a turnkey basis to cater to the power demand in emerging load centres and the greater Dhaka region. The orders have come under four categories, significant, large, major and mega, with values ranging between Rs 1,000 crore and above Rs 7,000 crore. As cross border power connectivity has come up as a bridge for the India-Bangladesh relationship, India has already proposed investing more than Rs 65,700 crore, as of recent exchange rates in Bangladesh's power and energy sectors. Reliance Power has already committed to setting up a 750 MW gas-based power project at Meghanahat near Dhaka. NTPC Vidyut Vyapar Nigam has entered into a pact for supplying power to Bangladesh from Tripura and Nepal. Adani Power has entered an agreement to supply 1,600 MW from its plant in Jharkhand to Bangladesh. DVC has already started exporting 300 MW to Bangladesh. L&T said several projects are ready to begin, including the construction of the country's first nuclear power plant. The transmission projects would boost cross border electricity trade, the company said while elaborating on the new projects.L&T project classificationClassificationSignificantLargeMajor>MegaValue (in Rs cr)1,000 to 2,5002,500 to 5,0005,000 to 7,500>7,000Also read: L&T Construction bags “large” order from RVNL

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement