Rs 4,909 Billion Order Book: This Infrastructure Company Secures Multiple Orders for Power Transmission & Distribution Projects in India and UAE!
The company’s shares have delivered an impressive return of over 40 per cent to its shareholders.
Larsen & Toubro Ltd (L&T) has secured orders (Large) in India and internationally through its Power Transmission & Distribution (PT&D) business, marking a significant step in the clean energy transition. These orders, critical for enhancing the electricity grid, will support sustainable and reliable power supply across multiple regions.
In India, L&T will execute two 765kV Double Circuit Transmission Line projects aimed at facilitating power evacuation from the Jaisalmer/Barmer Renewable Energy Zone in Rajasthan to Madhya Pradesh. This initiative will bolster the power grid's capability to handle increased renewable energy influx.
Internationally, L&T has received orders for key infrastructure developments. In Saudi Arabia, the company will construct a 380kV Substation and 380kV Overhead Line segments to strengthen the central region’s power network. In the United Arab Emirates, L&T will build a 220kV Substation and three 132kV Substations to support the growing electricity demand in Dubai and Abu Dhabi.
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These projects underscore L&T’s commitment to advancing clean energy solutions and improving global power infrastructure.
Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets.
Today the shares of Larsen & Toubro Ltd closed the day at around Rs 3774.90 per share on the BSE. The current market capitalization stands at Rs 5,18,991.41 crore. Additionally, the shares have delivered a return of over 40 per cent in the past year.
L&T’s Order Classification
In the context of project classifications by Larsen & Toubro (L&T), the classification system categorizes projects based on their financial value in Indian Rupees (Rs Cr). Here’s a breakdown:
Significant: Projects valued between Rs 1,000 crore and Rs 2,500 crore.
Large: Projects valued between Rs 2,500 crore and Rs 5,000 crore.
Major: Projects valued between Rs 5,000 crore and Rs 10,000 crore.
Mega: Projects valued between Rs 10,000 crore and Rs 15,000 crore.
Ultra-Mega: Projects valued at more than Rs 15,000 crore.
Investors must keep this Large-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.