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L&T bags multiple orders in India, Middle East

by Blitz India Media
February 20, 2024
in Dubai, USA
0
L&T second firm to buyback Rs 10,000 crore
Team Blitz India

LARSEN & Toubro has bagged large orders in the domestic market and the Middle East. The multiple orders were bagged by the power transmission and distribution business of Larsen & Toubro (L&T), the company said in a filing to BSE.

The business has won substation and voltage conversion orders from hydrocarbon companies in Kuwait and Saudi Arabia. In an ongoing 220 KV Power Supply Project in the UAE, an additional order has been secured. As per company’s classification, orders ranging between Rs 2,500 crore and Rs 5,000 crore fall in the category of large orders.

The business has bagged an order to set up a 75 MW floating solar photovoltaic plant on a dam. This plant is part of the ultra-mega renewable energy power park, being developed on Damodar Valley corporation reservoirs in Jharkhand and West Bengal.

In Saudi Arabia, the company has bagged an order for turnkey construction of a substation. Larsen & Toubro is a $ 23 billion multinational company engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing, and services.

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