The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has won new orders in the Middle East for expanding and strengthening the electricity grids at high voltage levels.
Saudi Arabia
The different operating regions in Saudi Arabia's national electricity network are being interconnected through High Voltage Direct Current links that enable exchange of power between regions and enhanced system resilience. L&T has secured orders to establish ±500kV HVDC Transmission Links associated with these interconnections.
L&T has also won orders for three more packages involving two 380kV overhead transmission lines and a bulk supply 380kV Gas Insulated Substation. These elements contribute significantly to the renewable generation interconnection and fortification of the grid.
United Arab Emirates
In Abu Dhabi, L&T has received an order to build two major 400kV Gas Insulated Substations. In addition to civil works, the scope also involves Series Current Limiting Reactors, Auto Transformers, related control, protection, substation monitoring & alarm systems including fault and power quality monitoring, telecommunication systems and integration with the Load Dispatch Centre. These substations will enhance the power transfer capacity of the electricity grid.
Commenting on the development Mr T. Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities) - Larsen & Toubro said: "The fortification and modernization of transmission systems is the foremost step in establishing a secure, resilient grid capable of handling variable renewable generation in an evolving energy market. We thank our customers for entrusting these projects with us".
Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3787.45 as compared to the previous close of Rs. 3795.55. The total number of shares traded during the day was 73132 in over 6974 trades.
The stock hit an intraday high of Rs. 3837.95 and intraday low of 3749.85. The net turnover during the day was Rs. 276876725.00. |
