NEW DELHI: The power transmission and distribution business of Larsen & Toubro has secured “significant” engineering, procurement and construction orders in the current quarter to build transmission lines and substations in Saudi Arabia.
Larsen & Toubro has received orders worth in the range of Rs 1,000-2,500 crore. According to a regulatory filing with the stock exchanges on Monday, it will undertake engineering, design, procurement and construction of more than 400 km of 380 kV overhead transmission lines and a new 230 kV gas-insulated substation with associated automation and protection systems.
“The transmission network strengthening augurs well for providing reliable, safe and efficient electricity supply as Saudi Arabia is embarked on an ambitious National Renewable Energy Programme towards attaining optimal generation mix as envisaged in its strategic vision for 2030,” the filing said.
These repeat orders from the largest electric energy system provider in the MENA region, the filing added, demonstrate the core strengths of the business and the customer confidence it has gained over decades of its association in Saudi Arabia.
Larsen & Toubro is an Indian multinational engaged in the infrastructure sector with a footprint in over 50 countries. (ANI)