In addition to this relationship for the substation, L&T has also won an order for the turnkey construction of a transmission line in the same area.
This partnership will help increase access to 24/7 renewable energy, which is essential to meeting global sustainability targets.
Subramanian currently serves as the wholetime director and president of energy vertical in the company.
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The company informed the bourses that a meeting of the Board of Directors is scheduled to be held on Friday, March 21, 2025.
Phase 1 of the project is an important component of Aramco’s drive to reduce its carbon footprint and solidify its position in the global energy transition.
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The order falls in the range of ₹1,000 crore to ₹2,500 crore and is a repeat order from GCC's largest railway company, which is undertaking capacity expansion in multiple phases.
L&T will announce its Q3 FY25 financial results on Thursday, January 30.
L&T secured a contract in Saudi Arabia for building a crucial 380 kV substation that will help evacuate solar power to contribute to the country's renewable energy goals.
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