Stories

Source: Reuters
C
CNBC TV18•05-10-2026, 11:21
L&T Unit Secures Mega Orders Up To ₹15,000 Crore in India, Saudi Arabia, UAE; Stock Jumps
  • •Larsen & Toubro's Power Transmission & Distribution (PT&D) business secured multiple "mega" engineering, procurement, and construction (EPC) orders in India and overseas, valued between ₹10,000 crore and ₹15,000 crore.
  • •The projects aim to strengthen power transmission infrastructure and facilitate renewable energy evacuation across all regions.
  • •In Saudi Arabia, L&T won orders in the 380 kV transmission and substation segments to augment capacity and integrate renewable energy.
  • •The company also secured an order in the United Arab Emirates for the construction of 132/11 kV substations and associated cabling works.
  • •Domestically, L&T received an order to establish a transmission system, including lines and substations, in Visakhapatnam for a private sector developer.

Key Questions Answered

L&T classifies orders ranging between ₹10,000 crore and ₹15,000 crore as "mega" orders.

The PT&D business secured multiple engineering, procurement, and construction orders in international markets including Saudi Arabia and the United Arab Emirates.

The projects in Saudi Arabia support transmission capacity augmentation and renewable energy evacuation, helping strengthen the country's power network and integrate clean energy into the grid.