Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3785.25
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L&T’s construction arm secures orders for Power Transmission & Distribution business

Date: 30-10-2023

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured contracts for its Power Transmission & Distribution business in the current quarter. In Chhattisgarh, the business has received an order for establishing 400kV & 220kV transmission lines to help relieve the congestion in the state’s electricity transmission grid.

In Saudi Arabia, an order for turnkey construction of a 380kV Substation with associated overhead transmission lines has been won. Another order has been bagged in the State of Kuwait to build 5 Substations to provide reliable and efficient power supply to an upcoming residential city.

Additional orders have been won in ongoing substation orders in Qatar. In a significant breakthrough, the business has bagged an order in Malaysia, in a consortium, to establish a 275kV Underground Cable system to double the power transmission capacity in the existing network.

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