Larsen and Toubro (L&T) on Wednesday announced that its Power Transmission & Distribution (PT&D) vertical has bagged new orders in the Middle East and Africa for expanding and strengthening the electricity grids at high-voltage levels. In a regulatory filing, the company said that the orders include implementation of an Energy Management System for the country-wide electricity network.
One of the orders that the business vertical has won, it said, is in consortium with a leading original equipment manufacturer to build the new National System Control Centre for Kenya. The transmission hub will manage the power flow in the country by integrating diverse generation sources and by despatching power based on merit order. The scope also involves implementation of a back-up energy management system at a distant location.
L&T will leverage its experience in executing transmission & distribution projects and the expertise in Digital Energy Solutions for this project.
Further, in the Middle East, new orders have been secured for turnkey construction of high-voltage transmission lines in Saudi Arabia. Additional Gas Insulated Substation orders have been received in an ongoing power system expansion project in Qatar.
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.
From: financialexpress
Financial News
