L&T Construction on Monday announced that its Power Transmission & Distribution business has secured key orders in India and overseas, during the current quarter. In Chhattisgarh, the business has received an order for establishing 400kV & 220kV transmission lines to help relieve the congestion in the state’s electricity transmission grid.
In Saudi Arabia, it bagged an order for turnkey construction of a 380kV Substation with associated overhead transmission lines. Another order has been secured in Kuwait to build 5 substations to provide reliable and efficient power supply to an upcoming residential city. Additional orders have been won in ongoing substation orders in Qatar.
In a significant breakthrough, the business has also bagged an order in Malaysia, in a consortium, to establish a 275kV Underground Cable system to double the power transmission capacity in the existing network.
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.
Larsen & Toubro is a $23 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide.