The Power Transmission Et Distribution Business of Larsen Et Toubro Wins a Slew of Orders Across its Spectrum of Offerings
February 22, 2021 at 01:50 am EST
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The Power Transmission Et Distribution (PTEtD) Business of Larsen Et Toubro has won a slew of orders across its spectrum of offerings. As traditional power generation companies rapidly enhance renewable capacities in their portfolios, PT&D has secured two EPC orders to establish more than 400 MW Solar Photovoltaic projects in the state of Gujarat. The scope of these packages involve Design, Engineering, Supply, Construction, Testing, Commissioning and Operation & Maintenance of Grid Connected Solar PV Plants of about 200 MW each. L&T is one of the leading EPC players globally in the Renewables space with a track record of having built some of the solar plants. A 765kV Double Circuit Transmission Line package has been received through a project specific transmission company. This line is associated with the transmission scheme for evacuation of power from solar energy zones in Rajasthan. In West Bengal, orders have been received to supply and install High Voltage Distribution Systems in certain districts on a turnkey mode. This grid modernization programme in semi-urban and rural areas is being implemented by the State with multilateral assistance. Another order to construct 220kV and 132kV Transmission Lines has been won from the state transmission utility. The business has won a 400 kV Substation order in Tamil Nadu. The scope of the package involves establishing a complete substation including associated transformers, reactors, switchgear, control & protection, substation automation systems, etc. This project is aimed to meet the future load growth of the Coimbatore region and to strengthen the evacuation system of an upcoming pumped storage power plant. In Qatar, the business has won an order to install line connected current limiting reactors for the first time in the country's network. As the electricity network expands, this 400 kV equipment will help improve grid stability and enable use of existing switchgear without major replacements.
Larsen & Toubro Limited is a diversified group. Net sales (not including sold divisions) break down by activity as follows:
- engineering and construction services (68.5%): implementation of turnkey projects of transportation, building, factories, engineering instruments, etc.;
- construction, installation and implementation of hydrocarbon exploration and production projects (17.2%);
- development of thermal power plants and manufacturing of energy production equipment (4.4%);
- manufacturing of aerospace and defense equipment and systems (3.2%);
- manufacturing of custom designed equipment and systems for core industries (2.7%): equipment and systems for the fertilizer, refining, petrochemical, chemical, oil and gas, thermal and nuclear energy industries;
- other (4%): manufacturing of industrial machines and products (industrial valves, welding machines, building equipment, etc.), production of concrete, real estate development, etc.
Net sales are distributed geographically as follows: India (80.1%), Saudi Arabia (3.6%), United Arab Emirates (2.2%), Qatar (2.1%), Kuwait (1.6%) and other (10.4%).