Larsen & Toubro Limited has informed the Exchange regarding a press release dated Jun 09, 2025, titled "L&T Wins (Significant*) Order for Heavy Civil Infrastructure Business".
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Larsen & Toubro's Heavy Civil Infrastructure business has won a 'Significant' order from JSW Energy for the Bhavali Pumped Storage Project (PSP) in Maharashtra. The project, spread across Nashik and Thane districts, will have a total installed capacity of 1,500 MW comprising multiple small units. L&T's scope covers complete civil works, including approach roads, upper and lower reservoirs, water conductor systems, pressure tunnels, and the underground powerhouse. Under L&T's own classification, a 'Significant' order is valued between ₹1,000 crore and ₹2,500 crore. The win reinforces L&T's position in complex hydroelectric and renewable energy infrastructure in India.
This is a positive development for L&T shareholders — it adds to the order book in a strategically important renewable energy segment and strengthens the company's relationship with a major private sector client (JSW Energy). Pumped storage is a growing area tied to India's clean energy push, which could support order inflow momentum, though the exact deal value has not been disclosed.