India’s L&T wins multiple EPC orders worth up to $303mn in KSA
The new contract follows the securing of multiple orders from the Kingdom, including one to build a 380kV overhead line
India-based Larsen & Toubro (L&T) has announced that its Power Transmission and Distribution business has secured multiple EPC orders in the current quarter, to build transmission lines and substations in Saudi Arabia.
In a statement, L&T said that the contract, which is in the range of $121.4mn to $303.6mn, will see it carry out engineering, design, procurement and construction services on more than 400km of 380kV overhead transmission lines, and on a new 230kV gas insulated substation with associated automation and protection systems.
It added that the new contract follows the securing of multiple orders from the Kingdom, including one to build a 380kV overhead line that will help to boost the reliability of the grid in the Western region of the country. In the UAE, it also secured orders for 132kV substations, the firm said.
In July 2021, L&T Construction said it had won several contracts for energy infrastructure across multiple regions.
In 2021, L&T also said that it had bagged similar orders from across the GCC, including a 380kV overhead transmission line and substations in Kuwait, and a contract for the setting up of a dynamic reactive power compensator system at a 220kV substation in Abu Dhabi.
These repeat orders from the largest electric energy system providers in the MENA region demonstrate the core strength of the business and the customer confidence L&T has gained over the years, the statement added.
Furthermore, it pointed out that the strengthening of the Kingdom’s transmission network bodes well for the Kingdom’s ability to provide reliable, safe and efficient electricity supply, as it embarks on its ambitious National Renewable Energy Program, which is aimed at attaining an optimal generation mix as envisaged by its strategic vision for 2030.
In August 2021, the firm announced the amalgamation of its hydrocarbon unit and, in September 2021, the firm said its Middle East projects constituted 61% of its $9.3bn international order book.
