L&T Construction awarded contracts for its Power Transmission and Distribution Business

The Power Transmission & Distribution Business of Larsen & Toubro has bagged orders in India and abroad.

The renewable arm of the Business has won an order to construct a 245 MW solar power project in Rajasthan.

Another order has been secured to implement a solar photovoltaic cum storage project in the Kutch district of Gujarat. The large scale, grid interactive green energy storage project will have a 35 MW (AC) solar capacity and a 57 MWh Battery Energy Storage System (BESS).

In the Middle East region, the Business has won orders for the supply and construction of shunt reactors in 132 kV substations on a turnkey basis. These reactive power compensation elements will be added to the 132kV network of Dubai's Electricity infrastructure and will provide voltage control to help in maintaining the highest standards of availability, reliability, and efficiency.

Additional orders have been received from ongoing transmission line projects.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1747.30 as compared to the previous close of Rs. 1727.80. The total number of shares traded during the day was 40727 in over 3806 trades.

The stock hit an intraday high of Rs. 1754.80 and intraday low of 1715.70. The net turnover during the day was Rs. 70699933.00.

Source : Equity Bulls

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