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L&T Construction wins orders for its Power Transmission & Distribution Business

Jun 26, 2023

By: BlinkX Research Team

On Monday, the Power Transmission & Distribution Business of Larsen & Toubro has secured new orders in India and abroad.

The Company announced on Monday that in Middle East, the Business has won two orders for the upgrade of Electrical Networks in large industrial facilities and the scope of these orders involves establishing Gas Insulated Substations with associated High Voltage Cable Systems. 

Further, the Power Transformers and Control & Protection systems are the other crucial elements that will be installed as part of the works, the company said.

In addition to this, the company stated, “Such complex projects require proven engineering and project management capabilities to meet the stringent safety, quality and schedule requirements. Secured on the back of demonstrated abilities to manage interface and shutdown related challenges, these orders reflect the customer trust in L&T.”

In India, an order for building a 765kV Transmission Line has been received. The Transmission Line will facilitate evacuation of Renewable Energy from the Wind and Solar Energy hub being established around Kurnool in Andhra Pradesh, the company mentioned.

On Monday, shares of Larsen & Toubro were trading lower by 0.23% at Rs 2382.65 per share on the BSE.

Source: Media Reports