L&T secures ‘mega’ orders to build advanced grid systems

24 Sep 2024 , 02:47 PM

Larsen & Toubro Ltd. announced on Tuesday, September 24, that its power transmission and distribution vertical has received ‘mega’ contracts to build modern grid systems in the Middle East.

L&T defines ‘mega’ orders as those worth between ₹10,000 Crore and ₹15,000 Crore. The corporation stated that the orders are for the expansion and reinforcement of high-voltage electrical infrastructure.

According to L&T, distinct operating regions of Saudi Arabia’s national electrical network are interconnected by high voltage direct current cables, allowing for the exchange of power across regions and increased system resilience. L&T has obtained orders to develop 500kV HVDC transmission cables for several interconnections.

It has also received orders for three further packages, including a 380kV overhead transmission line and a bulk supply 380kV gas-insulated substation. L&T stated that these aspects help to connect renewable generation and fortify the system. 

The company was awarded a contract in Abu Dhabi to construct two large 490kV gas-insulated substations. The scope of work includes civil works, series current limiting reactors, auto transformers, related control, protection substation monitoring and alarm systems, including fault and power quality monitoring, telecommunication systems, and integration with the load dispatch centre.

The first step in establishing a secure, resilient grid capable of handling variable renewable generation in an evolving energy market is to strengthen and modernise transmission systems, according to T Madhava Das, the whole-time director and senior executive vice-president (utilities) at L&T.

At around 1.29 PM, Larsen & Toubro was trading 0.59% higher at ₹3,810.10 per piece, against the previous close of ₹3,787.70 on NSE. The counter touched an intraday high and low of ₹3,831.80, and ₹3,775, respectively.

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