Business
L&T Wins 'Significant' Contracts Worth Up To Rs 2,500 Crore In India And Abroad
L&T (Pic Via Twitter)
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.
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