L&T Wins Orders for Power Transmission & Distribution Business

The Power Transmission & Distribution (PT&D) business vertical of L&T has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations.

The orders pertain to constructing one 380 kV substation and two 132 kV substations. These high-capacity substations will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands.

The orders have been awarded to PT&D on turnkey basis and are to be delivered against stringent timelines.

The Power Transmission & Distribution (PT&D) business vertical is a major EPC player, providing technology-driven, end-to-end solutions for enabling access to clean and reliable electricity. It offers integrated EPC services and related digital energy solutions, spanning from the establishment of smart and efficient transmission and distribution (T&D) networks to last-mile electrification. The business serves utilities, renewable energy developers, and industrial and infrastructure customers across 30 countries in the SAARC, ASEAN, Middle East, Africa, North America and CIS regions.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3916.70 as compared to the previous close of Rs. 3856.60. The total number of shares traded during the day was 793129 in over 16053 trades.

The stock hit an intraday high of Rs. 3953.00 and intraday low of 3840.40. The net turnover during the day was Rs. 3067594312.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT LnT EPCOrders