Larsen and Toubro (L&T) on Tuesday said it has bagged orders worth ranging between Rs 1,000 crore to Rs 2,500 crore in the power transmission and distribution segments within the country and abroad.
The orders have been secured in the Indian market and abroad, the infrastructure giant said in its regulatory filing. Its arm "L&T Construction wins significant orders for its power transmission and distribution business", the company said.
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The company has won an order to implement SCADA/DMS and related IT infrastructure for urban area power distribution systems in central Gujarat. Another order is for building a 400kV double circuit transmission line in Jharkhand.
In the Middle East, the company has received an order for the construction of a High Voltage Direct Current (HVDC) transmission segment. This link is part of a large capacity Voltage Source Converter (VSC) based HVDC system that connects Neom Industrial City and Yanbu city in western Saudi Arabia.
It has also bagged an order in a consortium to set up a 275kV substation in the Sarawak region of Malaysia.
The company did not disclose the order value of each project but according to the project classification, it ranges between Rs 1,000 crore to Rs 2,500 crore.
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L&T is a $23 billion company engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing and services and operates in over 50 countries worldwide.
The shares of L&T were trading lower by 0.50% in Tuesday’s session at Rs 2,592 per share, against previous close at Rs 2,605 at NSE.