Business
L&T Wins 'Significant' Contracts Worth Up To Rs 2,500 Crore In India And Abroad
Swarajya Staff
Oct 04, 2022, 10:40 AM | Updated 10:41 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Construction and engineering major Larsen & Toubro (L&T) has bagged 'significant' contracts worth up to Rs 2,500 crore from India and abroad.
Though the company has not revealed the exact value of the orders, the contracts fall under 'significant' category that ranges between Rs 1,000 crore to Rs 2,500 crore.
The Power Transmission and Distribution business of L&T Construction has secured an order to establish a 765kV power transmission line in Gujarat.
The ‘available power transfer capacity’ from the inter-state transmission system will increase due to this network expansion, the company said in a statement on Tuesday (4 October).
An order has been received to upgrade the distribution system in a state in North-East India, the company said.
The scope of this project includes the strengthening of medium and low voltage distribution networks, it added.
The business has also won repeat orders to build new 132kV substations in the United Arab Emirates.
Further, an order has been secured to establish a 380kV overhead line in Saudi Arabia that will help strengthen the evacuation infrastructure and improve the reliability of the grid in the Western region of the Kingdom, the company said.
As the distribution system is being strengthened in the Dhaka and Narayanganj agglomerations of Bangladesh, the business has bagged orders to establish two new 132kV and 33kV substations in these regions, it added.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.