L&T bags new orders for its Power Transmission & Distribution vertical

Larsen and Toubro (L&T) on Wednesday announced that its Power Transmission & Distribution (PT&D) vertical has bagged new orders in the Middle East and Africa for expanding and strengthening the electricity grids at high-voltage levels. In a regulatory filing, the company said that the orders include implementation of an Energy Management System for the country-wide electricity network. 

Also ReadNIDO Group expects automation to cut operational costs by around 25% for D2C brands

One of the orders that the business vertical has won, it said, is in consortium with a leading original equipment manufacturer to build the new National System Control Centre for Kenya. The transmission hub will manage the power flow in the country by integrating diverse generation sources and by despatching power based on merit order. The scope also involves implementation of a back-up energy management system at a distant location. 

L&T will leverage its experience in executing transmission & distribution projects and the expertise in Digital Energy Solutions for this project.

Also Read L&T bags significant order to deploy advance welding technology for Global Nuclear Fusion Project How the rise of AI in the EV industry drives the need for skilled workers? L&T secures significant order for its Hydrocarbon business Power ministry pitches for PLI for transmission equipment

Further, in the Middle East, new orders have been secured for turnkey construction of high-voltage transmission lines in Saudi Arabia. Additional Gas Insulated Substation orders have been received in an ongoing power system expansion project in Qatar.

According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.

L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.

 » Read More

Related Articles

Delhi-NCR leads Sept 2024 Housing Price Index with unprecedented growth

Property values in the National Capital Region (NCR) have shown significant increase in a rather short time span as the country’s rich continue to pour millions in this highly-promising residential market, inspired by lifestyle aspirations. According to the latest findings of the Housing Price Index (HPI), a leading indicator of price trends in India’s key

Karnataka govt gives nod to nine industrial projects worth Rs 9,823.31 Cr, set to create 5,605 jobs

The Karnataka government on Monday approved nine industrial projects with a total investment of Rs 9,823.31 crore, expected to create approximately 5,605 jobs. The approval was given during the 64th meeting of the State High Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah. Of the approved projects, three are new investments, while the remaining

Rupee slips to all-time lows, closes below 85/$

The rupee ended at another all-time low on Monday due to weakness in the Chinese yuan and  and strong dollar bids from importers, likely related to month-end payments, said forex traders. However, dollar sales by the state-owned banks on behalf of the Reserve Bank of India capped the decline. The rupee ended at 85.12 against

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Delhi-NCR leads Sept 2024 Housing Price Index with unprecedented growth

Property values in the National Capital Region (NCR) have shown significant increase in a rather short time span as the country’s rich continue to pour millions in this highly-promising residential market, inspired by lifestyle aspirations. According to the latest findings of the Housing Price Index (HPI), a leading indicator of price trends in India’s key

Karnataka govt gives nod to nine industrial projects worth Rs 9,823.31 Cr, set to create 5,605 jobs

The Karnataka government on Monday approved nine industrial projects with a total investment of Rs 9,823.31 crore, expected to create approximately 5,605 jobs. The approval was given during the 64th meeting of the State High Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah. Of the approved projects, three are new investments, while the remaining

Rupee slips to all-time lows, closes below 85/$

The rupee ended at another all-time low on Monday due to weakness in the Chinese yuan and  and strong dollar bids from importers, likely related to month-end payments, said forex traders. However, dollar sales by the state-owned banks on behalf of the Reserve Bank of India capped the decline. The rupee ended at 85.12 against

It’s slow going at Indiamart

It’s been a rough couple of years for IndiaMart InterMesh but Dinesh Agarwal is betting things will look up. The CEO of the country’s biggest B2B portal, which caters to small enterprises, is hopeful the pace of customer additions will perk up. Since June, 2023 just about 2,000-3,000 customers have been added every quarter compared

Explained: Why is GST on caramelized popcorn higher? A detailed analysis

The Goods and Services Tax (GST) Council Meeting, headed by Finance Minister Nirmala Sitharaman invited mixed reaction after it announced that pre-packed and labelled ready-to-eat popcorn will attract a 12 per cent tax while caramelized popcorn would attract an 18 percent GST. On 21st December, the Ministry of Finance, in a release, clarified that “ready