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L&T’s business vertical gets order from Torrent Energy Storage Solutions

14 Jan 2026 Evaluate

Larsen & Toubro’s Heavy Civil Infrastructure business vertical has secured the large order from Torrent Energy Storage Solutions (earlier known as Torrent PSH 3) for the construction of India’s biggest pumped storage project - the 3000 MW Saidongar-1 Pumped Storage Project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each. The order valued in the range of Rs 2,500 crore to Rs 5,000 crore. 

The scope of the contract includes design, engineering and execution of all civil and hydromechanical jobs associated with the project. With this order, L&T will play a pivotal role in bringing to life a project of immense significance - expected to enhance grid reliability and energy security for Maharashtra and beyond.

This order is a testament to L&T’s unmatched capability in delivering complex hydroelectric/pumped storage projects of national importance. With a track-record of engineering excellence, timely execution and world-class safety standards, the Saidongar-1 PSP reinforces L&T’s position as a trusted partner for large-scale, high-capacity pumped storage solutions.

Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.


Larsen & Toubro Share Price

3973.60 -48.90 (-1.22%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
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