Economic development and need for reliable power supply due to population growth have accelerated the demand for power in India. Further, growth in industrialisation and infrastructure development have resulted into demand for power and distribution transformers across the country.
LED based lighting solutions are gaining popularity in India due to growing need for energy efficient lighting, falling prices and initiatives taken by the government to replace traditional bulbs especially in street lighting application. The prices of LEDs have declined tremendously in last few years leading to surge in penetration across the country.
Dismal DISCOM (distribution company) credit profiles due to high debt, heavy losses and poor operational efficiencies affects every aspect of the Indian power sector and is directly responsible for large populations without access to power, regular power cuts and the inability to purchase power from generators.
Larsen & Toubro in JV with Sojitz India has bagged contract from DFCCIL to lay and electrify rail and install signaling and communications equipment along 125 km of the line from Dadri to Rewari in Haryana. The work is likely to commence in March 2017 and be completed by 2020.
The Railway Business Unit, a part of the Transportation Infrastructure business of L&T Construction, has won a railway order from BACS consortium (Bechtel-Almabani-CCC-Siemens) for construction of Ballastless tracks for Riyadh Metro Lines-I and II on a design and build basis.