Larsen & Toubro News
Effective 1st September 2024, Larsen & Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission & Distribution business, within its Infrastructure Projects segment. Clean energy transition has accelerated in recent years with decarbonized electricity being central to the fight against climate change. The rapid technology development in renewable generation has facilitated this trend. Renewable penetration, particularly in solar and wind ge...
L&T Chairman Emeritus Mr. A M Naik (AMN) has received yet another distinctive honor – this time the Lifetime Achievement Award from the FICCI Young Leaders’ Forum. This is the first time that the FICCI Lifetime Achievement Award has been conferred under the Young Leaders’ category, and its presentation to AMN will inspire India’s youth. The award was presented to AMN in Mumbai on 28 August by Mr. Sanjay Dutt (Former Chairman - FICCI Committee on Real Estate) and Ms....
The Heavy Engineering vertical of Larsen & Toubro (L&T) has despatched the second Steam Generator to Kaiga Atomic Power Station in Karnataka for India’s indigenously developed 10 x 700 MWe Pressurized Heavy Water Reactor (PHWR) Fleet Program. It has been flagged off from L&T’s A M Naik Heavy Engineering Complex in Hazira, Gujarat. The flag-off comes 11 months ahead of the contractual delivery schedule, demonstrating L&T’s unwavering commitment to advancing Indi...
The Renewables arm of Larsen & Toubro (L&T) has finalized mega orders with a developer in the Middle East to build two Gigawatt scale Solar PV plants. The plants will have a cumulative capacity of 3.5 GW. The scope of the orders also includes grid interconnections encompassing pooling substations and overhead transmission lines. Detailed engineering and initial construction work are expected to commence shortly. Project management capabilities Last month, L&T announced having won...
In a significant feat for the Indian industries, two coveted global credit rating agencies – S&P and Fitch – have assigned ‘BBB+’ rating to Larsen & Toubro (L&T), India’s premier tech-led engineering, manufacturing and solutions conglomerate. This underscores L&T's robust operational performance, financial discipline and strong market position. S&P Global Ratings S&P Global Ratings assigned a 'BBB+' rating to L&T, endorsing the c...
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro (L&T) has won a domestic order to build a grid-connected 185MW Solar PV Plant along with a Battery Energy Storage System (BESS) having multitudes of MWh capacity. The Solar PV plant at Kajra in Lakshisarai district will be a key element in Bihar’s plans to harness renewable energy for sustainable energy solutions towards combating climate change and meeting demand growth. Solar and wind generation pr...
The Hydrocarbon vertical (L&T Energy) of Larsen & Toubro (L&T) has secured an order from the Oil & Natural Gas Corporation (ONGC) for Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP), off India’s west coast. project scope The scope of work includes engineering, procurement, construction, installation, and commissioning of four Wellhead Platforms, a 140-km Pipeline, and associated Topside modifications at the Tapti Daman block at a Western offs...
The Hydrocarbon business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has received a Letter of Intent for mega Offshore order from a prestigious client in the Middle East. The scope of work comprises engineering, procurement, construction and installation of a new large offshore platform and brownfield work of integration with existing facilities. Commenting on the award, Mr. Subramanian Sarma, Whole-time Director and Senior Executive Vice President (Energy), L&...
The Digital Energy Solutions arm of L&T Power Transmission & Distribution business has significantly expanded its presence across India, Middle East, and North America. In India, the business is implementing a key order to upgrade SCADA and associated systems in the National and Regional Transmission Asset Management Centers. Controlling one of the largest substation and transmission line networks in the world, the Power Transmission Asset Management Centers in India undertake sophistic...