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L&T’s construction arm secures orders in India, abroad

10 Feb 2020 Evaluate

Larsen & Toubro’s (L&T) construction arm has been awarded orders from prestigious clients in India and abroad for its Power Transmission and Distribution Business.

In the Philippines, the business has won an order to construct a 500kV Substation, in association with a prominent local player that will cater to the growing demand for electricity in the metropolitan area of Manila. In the Kingdom of Saudi Arabia, orders to construct a 380kV Substation with an associated 230kV cable network and establish 380kV and 230kV Transmission Line corridors have been bagged. Another order to construct EHV Overhead Lines has been received from a reputed customer in the Middle East.

On the domestic front, the business has won an order in Gujarat to construct a 765kV Double Circuit Transmission Line that will help transmit power from renewable energy sources. Another order has been secured to build a 20MW floater solar power project at a reservoir of NTPC's Auraiya Gas Power Plant in Uttar Pradesh. Additional orders have been received from ongoing substation jobs in India.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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