L&T Bags Multiple Power Transmission & Distribution Orders
By Rediff Money Desk, New Delhi May 08, 2024 12:14
Larsen & Toubro (L&T) has secured several orders for power transmission and distribution projects in India and overseas, including floating solar plants, transmission lines, and substations.
New Delhi, May 8 (PTI) Larsen & Toubro (L&T) on Wednesday said its power transmission and distribution business has bagged multiple orders in the country and overseas.
The business has bagged orders to set up two floating solar plants in India.
Floating solar projects involve mounting solar modules on structures that float in a water body, typically a reservoir/lake/abandoned quarry.
Compared to ground-mounted solar plants, floating solar plants do not require land acquisition and typically involve less civil work.
There are other site-specific merits too, besides reduction of water evaporation.
The power transmission and distribution (PT&D) vertical has also received orders to set up transmission lines and a gas insulated substation to integrate solar energy zones in Rajasthan and Karnataka.
These crucial links will enable the evacuation of renewable energy to load centres in various parts of the country.
The company has also another order to build a gas insulated substation overseas.
"The Sultanate of Oman is integrating its multiple standalone electricity networks into a 400 kV national grid. As part of the interconnection and grid strengthening, PT&D has received orders to build a 400 kV overhead transmission line and two 400 kV grid stations," it said.
In the United Arab Emirates, the business has bagged orders to construct two substations with associated works.
Larsen & Toubro is a USD 23 billion Indian multinational engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing, and services.
The business has bagged orders to set up two floating solar plants in India.
Floating solar projects involve mounting solar modules on structures that float in a water body, typically a reservoir/lake/abandoned quarry.
Compared to ground-mounted solar plants, floating solar plants do not require land acquisition and typically involve less civil work.
There are other site-specific merits too, besides reduction of water evaporation.
The power transmission and distribution (PT&D) vertical has also received orders to set up transmission lines and a gas insulated substation to integrate solar energy zones in Rajasthan and Karnataka.
These crucial links will enable the evacuation of renewable energy to load centres in various parts of the country.
The company has also another order to build a gas insulated substation overseas.
"The Sultanate of Oman is integrating its multiple standalone electricity networks into a 400 kV national grid. As part of the interconnection and grid strengthening, PT&D has received orders to build a 400 kV overhead transmission line and two 400 kV grid stations," it said.
In the United Arab Emirates, the business has bagged orders to construct two substations with associated works.
Larsen & Toubro is a USD 23 billion Indian multinational engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing, and services.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.66 (+ 4.76)
- 32896927
- Vodafone Idea L
- 8.45 (+ 4.06)
- 28557277
- Standard Capital
- 1.14 (+ 0.88)
- 17361276
- Alstone Textiles
- 0.83 (+ 5.06)
- 14796552
- AvanceTechnologies
- 0.89 (+ 4.71)
- 10049569
MORE NEWS
Coal India Aims for Dividend Return by FY'26
Coal India aims to eliminate ECL's losses and rejoin the dividend list by FY'26, with...
Gold Poised for 15-18% Returns in Samvat 2081:...
Analysts predict a strong 15-18% return for gold in Samvat 2081, driven by positive...
Punjab Paddy Procurement Crosses 85 Lakh...
Punjab has procured 85.41 lakh tonnes of paddy in the 2024-25 kharif marketing season,...