Larsen & Tubro bags MEGA order

Larsen & Tubro bags mega orders worth …. Check the daitails here

Larsen & Tubro bags MEGA orders from Saudi Arabia & United Arab Emirates .

Larsen & Toubro Ltd  (L&T) is a multinational conglomerate specializing in engineering, procurement, and construction (EPC) solutions across key sectors like infrastructure, hydrocarbons, power, process industries, defense, IT, and financial services, both in domestic and international markets.

 

Order Details

 

On 24/09/2024 , L&T reported that it has received MEGA orders from Saudi Arabia and UAE which may value in between Rs 10000 to 15000 Crores .

Larsen & Toubro’s Power Transmission & Distribution (PT&D) division has secured new orders in the Middle East to expand and strengthen high-voltage electricity grids.

The orders received are :

In Saudi Arabia , L&T is to establish ±500kV of HVDC Transmission Links in different regions of Saudi Arabia, further , L&T has also won orders for three more packages involving two 380kV overhead transmission lines and a bulk supply 380kV Gas Insulated Substation. These elements contribute significantly
to the renewable generation interconnection and fortification of the grid.

In United Arab Emirates, L&T has received an order to build two major 400kV Gas Insulated Substations. In addition to civil works, the scope also involves Series Current Limiting Reactors, Auto Transformers, related control, protection, substation monitoring & alarm systems including fault and power quality monitoring, telecommunication systems and integration with the Load Dispatch Centre. These substations will enhance the power transfer capacity of the electricity grid.

 

Also Read : HEG Ltd announces first ever stock split. What Investors need to know

 

Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.

Leave a Reply

Your email address will not be published. Required fields are marked *