L&T secures Rs 100-150 billion power transmission orders in West Asia
POWER & RENEWABLE ENERGY

L&T secures Rs 100-150 billion power transmission orders in West Asia

Indian construction giant Larsen & Toubro (L&T) announced that its power transmission and distribution arm has secured "mega" orders valued between Rs 100-150 billion to expand and strengthen electricity grids in Saudi Arabia and the United Arab Emirates. While the exact value of the contracts was not disclosed, a “mega” order refers to a deal within this range.

The new orders include ±500kV HVDC transmission links, two 380kV overhead transmission lines, and a bulk supply 380kV Gas Insulated Substation in Saudi Arabia. In the UAE, L&T will deliver two major 400kV Gas Insulated Substations. These projects are aimed at bolstering regional power infrastructure and facilitating interconnections across countries.

As of June, L&T's outstanding order book stood at Rs 4.90 trillion, with 35% of its business originating from West Asia, largely driven by contracts from Saudi Arabia. The company’s recent focus on the region is also evident from its earlier wins. In September 2023, L&T secured a $3.9 billion order related to Saudi Aramco’s gas-production project, marking one of its largest orders in value terms.

To cater to evolving energy demands, L&T has also carved out a separate business vertical for Renewable EPC within its Power Transmission & Distribution (T&D) division under its Infrastructure Projects segment. T. Madhava Das, Whole-Time Director and Senior Executive Vice President (Utilities) at L&T, emphasised that the modernisation and fortification of transmission systems is crucial for establishing a secure and resilient grid capable of handling variable renewable generation in an evolving energy market.

L&T’s West Asian ventures continue to grow, with the company also securing a major solar plant order in July and a significant contract earlier this year for constructing the electrification system for the Mumbai-Ahmedabad High-Speed Rail project in India. (Business Standard)

Indian construction giant Larsen & Toubro (L&T) announced that its power transmission and distribution arm has secured mega orders valued between Rs 100-150 billion to expand and strengthen electricity grids in Saudi Arabia and the United Arab Emirates. While the exact value of the contracts was not disclosed, a “mega” order refers to a deal within this range. The new orders include ±500kV HVDC transmission links, two 380kV overhead transmission lines, and a bulk supply 380kV Gas Insulated Substation in Saudi Arabia. In the UAE, L&T will deliver two major 400kV Gas Insulated Substations. These projects are aimed at bolstering regional power infrastructure and facilitating interconnections across countries. As of June, L&T's outstanding order book stood at Rs 4.90 trillion, with 35% of its business originating from West Asia, largely driven by contracts from Saudi Arabia. The company’s recent focus on the region is also evident from its earlier wins. In September 2023, L&T secured a $3.9 billion order related to Saudi Aramco’s gas-production project, marking one of its largest orders in value terms. To cater to evolving energy demands, L&T has also carved out a separate business vertical for Renewable EPC within its Power Transmission & Distribution (T&D) division under its Infrastructure Projects segment. T. Madhava Das, Whole-Time Director and Senior Executive Vice President (Utilities) at L&T, emphasised that the modernisation and fortification of transmission systems is crucial for establishing a secure and resilient grid capable of handling variable renewable generation in an evolving energy market. L&T’s West Asian ventures continue to grow, with the company also securing a major solar plant order in July and a significant contract earlier this year for constructing the electrification system for the Mumbai-Ahmedabad High-Speed Rail project in India. (Business Standard)

Next Story
Infrastructure Transport

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Next Story
Equipment

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

Next Story
Resources

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->