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Larsen & Toubro earns large contracts in power transmission biz

On Monday, Larsen & Toubro claimed that it’s power transmission and distribution business has bagged large contracts in the domestic and international market.

As per its project classification, “large” orders are those valued between Rs 2,500 crore and Rs 5,000 crore.

Moreover, it has won a prestigious package to establish transmission lines and substations associated with a major infrastructure project in Telangana.

The scope of the package involves establishing three new 400 kV substations with reactors, associated bay extensions at connected substations.

Also, it has more than 170 km of 400 kV transmission links, on a turnkey basis.

Further, the company has received a 765kV double circuit transmission line package in Rajasthan through a project specific transmission company.

It has also received a power distribution package to replace bare conductors with aerial bunched cables from North India.

West Bengal has placed an order for supply and installation of high voltage distribution systems in certain districts on a turnkey mode.

This includes an additional order to construct 220kV and 132kV transmission lines from the state.

The company has also received a repeat order from a client in the Middle East.

Besides this, the business has bagged a 400 kV substation order from Tamil Nadu. The aim is to meet the future load growth of the Coimbatore region.

It also intends to strengthen the evacuation system of an upcoming pumped storage power plant.

Shares of the company were trading 1.34 per cent lower at Rs 930.25 a piece on BSE.

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