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	<title>Power Transmission &amp; Distribution - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>L&#038;T wins new orders (Large*) in India and abroad for Power Transmission &#038; Distribution business</title>
		<link>https://newsmantra.in/lt-wins-new-orders-large-in-india-and-abroad-for-power-transmission-distribution-business/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Tue, 07 Jan 2025 11:49:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[L&T]]></category>
		<category><![CDATA[Power Transmission & Distribution]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=53646</guid>

					<description><![CDATA[<p>Bengaluru, January 07 2025: The Power Transmission &#38; Distribution (PT&#38;D) vertical of Larsen &#38; Toubro has won new orders in India and the Middle East. It has won an order to implement Advanced Distribution Management System in West Bengal. This technology makes power distribution smarter by combining Outage Management System and Distribution...</p>
<p>The post <a href="https://newsmantra.in/lt-wins-new-orders-large-in-india-and-abroad-for-power-transmission-distribution-business/">L&#038;T wins new orders (Large*) in India and abroad for Power Transmission &#038; Distribution business</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Bengaluru, January 07<sup> </sup>2025</strong>: The Power Transmission &amp; Distribution (PT&amp;D) vertical of Larsen &amp; Toubro has won new orders in India and the Middle East.</p>
<p>It has won an order to implement Advanced Distribution Management System in West Bengal. This technology makes power distribution smarter by combining Outage Management System and Distribution Management System functionalities. Through real time monitoring and control of medium and low voltage networks, the reliability of the network will be enhanced with quick isolation of faults and faster restoration.</p>
<p>In Saudi Arabia, an order for a key 380kV Substation which will facilitate evacuation of solar generation has been secured. Then, at a major city project in Kuwait, PT&amp;D has won a 400kV Substation order.</p>
<p>In Dubai, PT&amp;D has bagged orders for establishing a set of EHV substations which includes a 400/132kV Substation. Several substations are being added to the Emirate’s power transmission infrastructure as it seeks to remain a preferred destination to live, work and visit.</p>
<p><strong>Background:</strong></p>
<p><strong>Larsen &amp; Toubro</strong> is a USD 27 billion Indian multinational enterprise engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&amp;T to attain and sustain leadership in its major lines of business for eight decades.<em> </em></p>
<p><em>* <strong>Project Classification</strong></em></p>
<table>
<tbody>
<tr>
<td width="111"><em>Classification</em></td>
<td width="107"><strong>Significant</strong></td>
<td width="94"><strong>Large</strong></td>
<td width="102"><strong>Major</strong></td>
<td width="108"><strong>Mega</strong></td>
<td width="79"><strong>Ultra-Mega</strong></td>
</tr>
<tr>
<td width="111"><em>Value in ₹ Cr</em></td>
<td width="107">1,000 to 2,500</td>
<td width="94">2,500 to 5,000</td>
<td width="102">5,000 to 10,000</td>
<td width="108">10,000 to 15,000</td>
<td width="79">&gt; 15,000</td>
</tr>
</tbody>
</table>
<p>The post <a href="https://newsmantra.in/lt-wins-new-orders-large-in-india-and-abroad-for-power-transmission-distribution-business/">L&#038;T wins new orders (Large*) in India and abroad for Power Transmission &#038; Distribution business</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<item>
		<title>L&#038;T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment</title>
		<link>https://newsmantra.in/lt-carves-out-renewable-business-vertical-amid-energy-transition-led-growth-in-its-infrastructure-segment/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 02 Sep 2024 13:16:00 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[L&T]]></category>
		<category><![CDATA[Power Transmission & Distribution]]></category>
		<category><![CDATA[Renewable EPC]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=44784</guid>

					<description><![CDATA[<p>Bengaluru, September 02 2024: Effective 1st September 2024, Larsen &#38; Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission &#38; 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....</p>
<p>The post <a href="https://newsmantra.in/lt-carves-out-renewable-business-vertical-amid-energy-transition-led-growth-in-its-infrastructure-segment/">L&#038;T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Bengaluru, September 02</strong> <strong>2024</strong>: Effective 1<sup>st</sup> September 2024, Larsen &amp; Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission &amp; Distribution business, within its Infrastructure Projects segment.</p>
<p>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 generation, is set to grow in the global mix. New drivers of electricity demand growth are emerging with stringent reliability and power quality requirements. The spatial and temporal variability of renewable energy sources necessitate a hybrid approach of combining different sources and addition of energy storage devices, so that the supply is dispatchable on demand, any time of the day, throughout the year. In addition to energy-only markets, innovative market structures like capacity market and flexibility market are set to evolve.</p>
<p>There is a strong momentum in India’s pursuit of promoting renewable energy especially towards increasing the share of non-fossil fuels-based electricity. India sees green jobs and renewable growth as important aspects of achieving the visionary Viksit Bharat and equitable climate justice for the world. Renewable Energy Implementing Agencies have chalked out clear capacity addition trajectories and several schemes including Green Energy Corridors are being implemented.</p>
<p>The Middle East region is ideal for solar generation due to high solar irradiance, abundant land availability, alignment of solar generation with peak cooling demand and freeing up of fossil fuel for exports. In addition to these core markets, there are significant investments materializing in the adjacent regions such as in the SAARC, ASEAN, CIS and the African countries.</p>
<p>L&amp;T is already a leading player globally with a vast portfolio of 22 GWp of renewable EPC experience. In addition to Ground Mounted Solar, Floating Solar and Wind Balance of Plant projects further, L&amp;T’s Battery Energy Storage System implementation aggregates to 3GWh. Combined with L&amp;T’s Grid and Digital Energy Solutions related offerings, this business has earned a reputation for timely and safe construction of Giga scale renewable projects.</p>
<p>L&amp;T is associated with some of the world’s largest single-site renewable energy parks. In Saudi Arabia, L&amp;T is a key player involved in major projects including the 700 MW Ar Rass Solar PV IPP, the 2,000 MW Ar Rass-2 Solar PV IPP, and the 1.6 GW Sudair solar plant. Recently it announced orders for another two plants with an aggregate capacity of 3.5GWac. It is building the power and grid systems for one of the world’s largest green hydrogen plants at NEOM. Additionally, L&amp;T is advancing renewable infrastructure with a 250 MWp solar PV plant in the Amaala Project and has completed a large-scale solar installation in Jeddah. L&amp;T is executing Phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, UAE.</p>
<p>L&amp;T has constructed some of the iconic renewable energy projects in India including the 90MW Omkareshwar Floating Solar project commissioned recently. India’s first grid scale solar cum storage project, implementation of decentralized distributed generation packages for remote villages are some of the noteworthy achievements.</p>
<p>In this backdrop, to enhance management visibility and to ensure seamless integration of resources and capabilities, L&amp;T has created the Renewable EPC business, an addition to its construction verticals. Mr. A. Ravindran, Senior Vice President – Larsen &amp; Toubro, has been appointed as the Head of Renewable Business.</p>
<p>Commenting on the development Mr S.N.Subrahmanyan, Chairman &amp; Managing Director – Larsen &amp; Toubro said: “The growth of renewable EPC business has accelerated in recent years. Thanks to our early start and investments, we have built an organization that is uniquely placed in the value chain of creating sustainable energy infrastructure. This space is promising. Multiple opportunities are visible. We want to capitalize on our success and wish to remain a preferred partner of choice for our customers. Creation of this vertical will give increased autonomy, customer proximity and leadership oversight to the business and enable us to excel in this space.”</p>
<p>&nbsp;</p>
<p>The post <a href="https://newsmantra.in/lt-carves-out-renewable-business-vertical-amid-energy-transition-led-growth-in-its-infrastructure-segment/">L&#038;T carves out Renewable Business Vertical amid energy transition led growth in its Infrastructure Segment</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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