NEW DELHI: Engineering major Larsen & Toubro (L&T) on Wednesday said its construction arm, L&T Construction, has won a slew of Transmission Line orders in Bangladesh.
The scope of these packages involves Design, Supply, Installation, Testing and Commissioning of Extra High Voltage Transmission Lines on turnkey basis.
While the company didn’t disclose the value of the contracts bagged by the power transmission and distribution business, as per its project classification, large projects have a value of Rs 2,500 crore to Rs 5,000 crore.
A fast-growing economy in the region, Bangladesh has embarked on a programme to alleviate infrastructure deficiencies and upgrade its power system to sustain the growth. To cater to the power demand in emerging load centers and the Greater Dhaka region, several projects are afoot including construction of the country’s first nuclear power plant.
“As Bangladesh aims to achieve universal electricity access this year, the enhancement of power transfer capacity will improve the reliability and efficiency of the country’s grid and facilitate integrated development of its capital and the economic growth centers. These projects also will give a fillip to the cross-border electricity trade. The recent wins strengthen the leadership position of our business that caters to Power Transmission & Distribution and Renewables EPC projects in the region”, said T. Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities).
L&T’s Power Transmission and Distribution business vertical is a leading EPC player in the field of power transmission & distribution and renewable energy. It offers integrated solutions and end-to-end services, ranging from design, manufacture, supply, installation and commissioning of transmission lines, substations, underground cable networks, distribution networks, power quality improvement projects, infrastructure electrification, fiber-optic backbone infrastructure, solar photovoltaic (PV) plants including floating solar, battery energy storage systems, mini / micro grid projects and related digital solutions. Besides being a dominant player in the Indian subcontinent, the business enjoys a significant share and a strong reputation in the SAARC, Middle East, Africa and the ASEAN regions.
* Project Classification
Classification | Significant | Large | Major | Mega |
Value in ₹ Cr | 1,000 to 2,500 | 2,500 to 5,000 | 5,000 to 7,000 | >7,000 |