LTBSELarsen & Toubro LtdHighPositive
Announced Wed, 13 May · 10:10 IST

L&T Wins Orders (Significant*) for Power Transmission & Distribution Business

Export Order Hard CurrencyBusiness Updates View source PDF

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AI summary

L&T's Power Transmission & Distribution (PT&D) business has secured a batch of EPC (Engineering, Procurement & Construction) orders from clients in the Middle East for constructing extra-high voltage substations. The order batch includes one 380 kV substation and two 132 kV substations, awarded on a turnkey basis with stringent delivery timelines. The orders are classified as 'Significant' under L&T's order size framework, placing them in the ₹1,000–2,500 crore range. L&T's PT&D vertical operates across 30 countries spanning SAARC, ASEAN, Middle East, Africa, North America and CIS regions, serving utilities, renewable energy developers and industrial customers. L&T is a USD 32 billion Indian multinational operating across EPC projects, hi-tech manufacturing, products and services.

Likely market impact

Winning 'Significant'-sized export orders in the power transmission segment reinforces L&T's international EPC pipeline and signals healthy order inflow for the PT&D vertical, which is positive for revenue visibility over the next 1-2 years.