"L&T Secures Major Solar Power Projects in the Middle East".

Larsen & Toubro (L&T) announced on Monday that its renewable energy division has secured two significant orders from a prominent developer in the Middle East for the construction of two gigawatt-scale Solar PV plants.

According to the company's regulatory filing, L&T's renewable energy arm will oversee the creation of these two solar power plants, which will have a combined capacity of 3.5 GW. While the financial specifics of the contracts were not disclosed, L&T's project classification indicates that the value of a mega order falls between ₹10,000 to ₹15,000 crore.

The scope of these orders includes not only the solar power plants but also the grid interconnections, comprising pooling substations and overhead transmission lines. Detailed engineering and initial construction activities are expected to commence shortly, as noted in the filing.

L&T Chairman & Managing Director S N Subrahmanyan stated, "These orders are welcome additions to our green portfolio, as we build the company of the future with next-generation technologies."

Larsen & Toubro, a $27 billion Indian multinational enterprise, is engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing, and services, operating across multiple geographies.

HBL