L&T Construction Arm Bags 'Large' Contracts Worth Up To Rs 5,000 Crore In India And Overseas

L&T Construction has secured 'large' contracts worth up to Rs 5,000 crore both in India and abroad, the company said on Friday (17 December).

"The Power Transmission and Distribution business of Larsen & Toubro (L&T) has bagged a slew of orders both in India and overseas", the company said in a statement.

Though the company has not revealed the exact value of the orders, the contracts falls under 'large' category which ranges between Rs 2,500 crore to Rs 5,000 crore.

"An order has been secured to provide Dynamic Reactive Power Compensator System at a 220kV Substation in Abu Dhabi. To enhance the grid stability and provide voltage support, specialized equipment such as STATCOMs / SVCs are deployed in substations," the statement said.

Further in the Middle East region, the company has won orders to construct 380kV Overhead Transmission Lines, 132kV network connections and to establish a 400kV substation.

The business has also bagged an order to build a new 220kV Gas Insulated Substation in Bangladesh, the statement said.

In India, orders have been won to create power distribution infrastructure in two circle areas of Bengaluru, it added.

The company said that it has also received additional orders in ongoing substation and transmission line projects.