Larsen & Toubro Ltd.LT₹3,769.50 -0.38%

Larsen & Toubro Ltd. announced a significant win for its Power Transmission & Distribution (PT&D) vertical, securing a bundle of ‘Large’ grid infrastructure orders in the Middle East, valued between ₹2,500 and ₹5,000 Crore. The projects are central to enhancing regional energy interconnection and integrating renewable power sources.

The most critical contract involves the Engineering, Procurement, and Construction (EPC) of a new 400 kV Substation in the UAE. This substation is a crucial component in establishing a direct, high-capacity 400 kV interconnection between the electricity network of the Sultanate of Oman and the wider Gulf Cooperation Council (GCC) super grid.

While Oman’s network is currently connected via the UAE’s 220 kV grid, this direct 400 kV link is set to improve grid resilience and enable more efficient utilization of shared generation capacity across the member states.

In addition to the high-voltage substation, L&T PT&D has also won a contract for building new 132 kV substations elsewhere in the Middle East. These facilities are designed to meet the growing electricity demand in the region, ensuring reliable power supply for expanding urban and industrial centers.

Further solidifying its presence in the region’s energy transition, the company has bagged an order in Saudi Arabia for the turnkey construction of 380 kV overhead transmission lines. This project is directly associated with the integration of new renewable energy power plants into the national grid, a key initiative under the Kingdom’s clean energy strategy.

The ‘Large’ classification for the combined orders highlights the significant value and strategic importance of the contracts for the Indian multinational conglomerate.

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Note: The stock price mentioned is as of 3:30 pm.