Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) business has secured multiple grid infrastructure orders in India and overseas, worth between Rs 2,500 – 5,000 crore.
In India, L&T will revamp power distribution in two towns by integrating SCADA systems and smart technology. The project also includes upgrading distribution transformer stations and converting overhead electrical lines into underground cabling to enhance efficiency and reliability.
L&T bags key orders in UAE and Oman
The company has also won a key order in the UAE to design, deliver, and construct two ±300 MVAr STATCOM systems. These systems will be installed at existing 400 kV substations to provide dynamic reactive power compensation. STATCOM systems automatically inject or absorb reactive power in real time, stabilising voltage and improving overall power quality.
L&T has also received an order from Oman to establish a 400/132 kV grid station along with a 400 kV transmission line segment, further strengthening the company’s presence in the Middle East.
Share price of Larsen & Turbo
The share price of Larsen & Turbo rose slightly at 0.71 per cent so far this year. However, in six months, it has gained 16.43 per cent.