Larsen and Toubro (L&T) on Tuesday announced that its Power Transmission & Distribution (PT&D) vertical has bagged new orders in the Middle East for expanding and strengthening the electricity grids at high voltage levels.
In Saudi Arabia, the company said, the different operating regions in the national electricity network are being interconnected through High Voltage Direct Current links that enable exchange of power between regions and enhanced system resilience. L&T has secured orders to establish ±500kV HVDC Transmission Links associated with these interconnections.
Further, the company informed that it has also won orders for three more packages involving two 380kV overhead transmission lines and a bulk supply 380kV Gas Insulated Substation. “These elements contribute significantly to the renewable generation interconnection and fortification of the grid,” it said in a regulatory filing.
In Abu Dhabi, L&T has received an order to build two major 400kV Gas Insulated Substations. In addition to civil works, the scope also involves Series Current Limiting Reactors, Auto Transformers, related control, protection, substation monitoring & alarm systems including fault and power quality monitoring, telecommunication systems and integration with the Load Dispatch Centre.
T Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities), Larsen & Toubro, said, “The fortification and modernization of transmission systems is the foremost step in establishing a secure, resilient grid capable of handling variable renewable generation in an evolving energy market. We thank our customers for entrusting these projects with us.”
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