New Delhi [India], October 31 (ANI): The power transmission and distribution business of Larsen & Toubro has secured "significant" engineering, procurement and construction orders in the current quarter to build transmission lines and substations in Saudi Arabia.
Larsen & Toubro has received orders worth in the range of Rs 1,000-2,500 crore.
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According to a regulatory filing to the stock exchanges on Monday, it will undertake engineering, design, procurement and construction of more than 400KM of 380kV overhead transmission lines and a new 230kV gas-insulated substation with associated automation and protection systems.
"The transmission network strengthening augurs well for providing reliable, safe and efficient electricity supply as Saudi Arabia is embarked on an ambitious National Renewable Energy Program towards attaining optimal generation mix as envisaged in its strategic vision for 2030," the filing said.
These repeat orders from the largest electric energy system provider in MENA region, the filing added, demonstrate the core strengths of the business and the customer confidence it has gained over decades of its association in Saudi Arabia.
Larsen & Toubro -- an Indian multinational engaged in the infrastructure sector with a footprint in over 50 countries. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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