L&T bags order for Heavy Civil Infrastructure Business

The Heavy Civil Infrastructure (HCI) business vertical of Larsen & Toubro has secured a significant order from JSW Energy for the execution of Bhavali Pumped Storage Project (PSP) in the state of Maharashtra.

The project is strategically located across the Nashik and Thane districts of Maharashtra and is designed to have a total installed capacity of 1500 MW, Comprising various small units.

The scope of work encompasses complete execution of all civil works related to the project, including construction of approach roads, upper and lower reservoirs, water conductor system, pressure tunnels, and the underground powerhouse unit.

The order reaffirms L&T's proven capabilities in delivering complex hydroelectric infrastructure and reinforces its position as a key enabler in India's quest for renewable energy.

Pumped storage projects like the Bhavali PSP are pivotal to grid stability, particularly in the context of growing integration of variable renewable energy sources.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3654.10 as compared to the previous close of Rs. 3641.75. The total number of shares traded during the day was 146597 in over 9402 trades.

The stock hit an intraday high of Rs. 3666.30 and intraday low of 3624.35. The net turnover during the day was Rs. 535460233.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin HeavyCivilInfrastructure