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Larsen & Toubro Limited ( (IN:LT) ) has provided an update.
Larsen & Toubro’s Power Transmission & Distribution business has secured a series of major EPC contracts to build key electricity grid infrastructure in India and overseas. The wins reinforce L&T’s position as a preferred partner for large, technically complex grid projects, underlining its role in supporting power system reliability and industrial growth.
In India, the company will design, supply and construct two 220 kV gas-insulated substations and associated advanced transmission lines in West Bengal’s Durgapur–Raniganj–Asansol industrial belt to stabilise voltage and improve network reliability. In the Middle East, it has bagged turnkey contracts for five substations, more than 250 km of transmission lines up to 500 kV, and a 400 kV underground cable system, reflecting rising global grid investments and strong customer trust in L&T’s execution capabilities.
More about Larsen & Toubro Limited
Larsen & Toubro is a USD 30 billion Indian multinational operating across multiple geographies in engineering, procurement and construction projects, hi-tech manufacturing and services. With a strong customer-focused approach and emphasis on quality, the company has maintained leadership in its core businesses, including power transmission and distribution infrastructure, for over eight decades.
Average Trading Volume: 158,453
Technical Sentiment Signal: Buy
Current Market Cap: 5949.3B INR
Find detailed analytics on LT stock on TipRanks’ Stock Analysis page.