L&T

India | Generation | News

L&T wins contract for 3,000 MW Saidongar pumped storage project
By January 15, 2026January 15, 2026

Larsen and Toubro Limited (L&T) has secured a large contract from Torrent Energy Storage Solutions Private Limited for the construction of the 3,000 MW Saidongar-1 Pumped Storage Project (PSP) in Raigad, Maharashtra. The project is set to become the largest pumped storage facility in India. The order has been awarded to L&T’s Heavy Civil Infrastructure business vertical. The scope of work includes the design, engineering, and execution of all civil and hydro mechanical components of…

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India | Green Hydrogen | News

ACWA Power and L&T collaborate on Yanbu green ammonia project
By September 24, 2025October 28, 2025

ACWA Power has signed a memorandum of understanding (MoU) with Larsen & Toubro’s (L&T) renewables division for the development of the renewables and grid components of the Yanbu green ammonia project in Saudi Arabia. The project is planned as a fully integrated hub powered entirely by solar and wind energy. The MoU covers multiple facilities, including solar photovoltaic plants, wind projects, battery energy storage systems, substations, and transmission infrastructure. It defines collaboration on design, configuration,…

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News | Generation | India

L&T secures nuclear and grid infrastructure orders
By September 17, 2025October 28, 2025

Larsen & Toubro (L&T) has received orders from the Nuclear Power Corporation of India Ltd (NPCIL) and multiple contracts for grid infrastructure projects in India, the United Arab Emirates (UAE), and Oman. The Heavy Civil Infrastructure business of L&T will execute the mechanical package for Units 5 and 6 of the Kudankulam Nuclear Power Project in Tamil Nadu. The work involves installation of the nuclear reactor, turbine, generator, condenser, sea water systems, polar and trestle…

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India | News

L&T delivers first steam generator for Gorakhpur nuclear project
By August 22, 2025August 22, 2025

Larsen & Toubro (L&T) Heavy Engineering has dispatched a steam generator for the Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district, Haryana. The unit was sent from L&T’s Hazira facility in Gujarat. This is the first of four steam generators being manufactured by L&T for GHAVP Units 3 and 4. According to the company, the delivery was completed seven months ahead of schedule. L&T noted it achieved the build in 33 months, marking one…

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India | News

L&T wins Adani Power contract for 6,400 MW thermal project
By August 12, 2025August 12, 2025

Larsen & Toubro has received an order from Adani Power Limited to construct eight thermal power units, each with a capacity of 800 MW, adding a total of 6,400 MW of generation capacity. The contract, categorised by L&T as an “ultra-mega” order, is valued at over Rs 15,000 crore. It will be carried out by L&T Energy – CarbonLite Solutions, the company’s business arm for advanced power and low-carbon technologies. Work under this order includes…

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India | News

L&T to build 116 MW solar and 241 MWh battery storage project in Bihar
By August 6, 2025August 6, 2025

Larsen & Toubro (L&T) has received an engineering, procurement, and construction contract for a renewable energy project in Bihar. The order involves developing a 116 MW solar power plant paired with a 241 MWh battery energy storage system at Kajra, Lakhisarai. The contract adds to an ongoing initiative, making the Lakhisarai site the largest co-located renewable energy and storage facility in the country, with a combined battery capacity of 495 MWh. The storage system will…

Read More L&T to build 116 MW solar and 241 MWh battery storage project in Bihar
India | News

L&T and NTPC post Q1 results
By July 30, 2025July 30, 2025

Larsen & Toubro (L&T) reported a consolidated net profit of Rs 3,617 crore for the quarter ended June 2025, marking a 29.9 per cent increase from Rs 2,786 crore a year earlier. Revenue rose 15.5 per cent year-on-year to Rs 63,678 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 6,316 crore, up 12.5 per cent from Rs 5,615 crore. However, operating margin declined slightly to 9.9 per cent from 10.2 per…

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India | News

Torrent Power in early talks to acquire L&T’s thermal unit
By July 28, 2025July 28, 2025

Torrent Power Ltd. is in discussions to acquire the thermal power business of Larsen & Toubro Ltd. (L&T) in a deal estimated at around $1 billion, including debt. Both companies are working with financial advisers as part of the ongoing process. The transaction, if completed, would support L&T’s plans to raise funds and reduce debt. The deal structure is not final and may change. L&T has been exploring a sale of its thermal power unit…

Read More Torrent Power in early talks to acquire L&T’s thermal unit
India | News

L&T raises Rs 5 billion via India’s first ESG bonds, wins USD 50 million contract
By June 26, 2025June 26, 2025

Larsen & Toubro (L&T) has raised Rs 5 billion through India’s first environmental, social, and governance (ESG) bonds. The funds were mobilised via non-convertible debentures (NCDs) at a 6.35% coupon rate with a three-year maturity. The bonds were listed on the National Stock Exchange (NSE) and issued under the Securities and Exchange Board of India’s (SEBI) new ESG and sustainability-linked bond framework. HSBC served as the sole lead arranger for the issuance. As part of…

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India | News

L&T secures land in Kandla for green hydrogen project
By June 23, 2025June 23, 2025

Larsen & Toubro (L&T) has secured land in Kandla, Gujarat, for setting up green hydrogen and green ammonia production facilities. The initiative will be developed through L&T Green Energy Kandla Private Limited, a new entity incorporated in April 2025, under its wholly-owned subsidiary, L&T Energy Green Tech Limited. The company will focus on producing green hydrogen and its derivatives, such as green ammonia. Located close to Gujarat’s industrial zones and ports, the Kandla site offers…

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India | News

L&T secures transmission orders in India and Middle East
By June 11, 2025June 11, 2025

Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has won grid infrastructure orders in both domestic and international markets. In India, L&T has been awarded a contract to construct 765kV and 400kV transmission lines in Andhra Pradesh. These lines are critical for integrating a renewable energy zone (REZ) into the national grid. Internationally, the company has secured turnkey orders for 220kV and 132kV gas-insulated substations in the Middle East. These contracts come from major…

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India | News

L&T Energy to build 10 KTPA green hydrogen plant for IOCL
By May 19, 2025May 19, 2025

L&T Energy GreenTech Limited (LTEGL) has won Indian Oil Corporation Limited’s (IOCL) tender to develop a 10 kilo tonnes per annum (KTPA) green hydrogen facility at the Panipat refinery petrochemical complex in Haryana. The plant will be built on a build-own-operate basis. LTEGL secured the entire capacity at a discovered tariff of Rs 397 per kg. The tender was floated in April 2024, with bids also received from ReNew E Fuels and NTPC Renewable Energy…

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India | News

L&T sets up new subsidiary for green hydrogen business
By April 7, 2025April 7, 2025

Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier this week, the company’s Heavy…

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India | News

L&T and John Cockerill partner to explore solar power and energy storage
By March 26, 2025March 26, 2025

L&T Energy Green Tech Limited (LTEGL), a subsidiary of Larsen & Toubro (L&T), has signed a Memorandum of Understanding (MoU) with Belgium-based John Cockerill Energy. The agreement, signed on March 24, 2025, focuses on developing technologies in Concentrated Solar Power (CSP) and Thermal Energy Storage (TES). LTEGL is committed to advancing sustainable energy solutions, including Green Hydrogen and electrolyser manufacturing. The company operates on three key pillars—Development, Manufacturing, and Engineering, Procurement, and Construction (EPC)—to deliver…

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India | News

L&T secures main plant package contract for NTPC’s Nabinagar project
By March 6, 2025March 6, 2025

Larsen & Toubro Limited (L&T) has secured a contract from NTPC Limited for the supply and installation of the main plant package, including the boiler and turbine, for the 3×800 MW Nabinagar Coal-Based Thermal Power Project Stage II. Nabinagar Power Generation Company Private Limited (NPGCL), a joint venture between NTPC and Bihar State Power Generation Company Limited (BSPGCL), has proposed Stage II of the project with a total capacity of 2,400 MW in the Aurangabad…

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India | News

GE Vernova and L&T secure major power transmission orders
By March 5, 2025March 5, 2025

GE Vernova T&D India Ltd has secured orders worth approximately Rs 5 billion from Power Grid Corporation of India Ltd (PGCIL) for the supply and installation of 765kV-class transformers and reactors under bulk procurement. The company will execute the orders within 36 months, according to a regulatory filing. Meanwhile, Larsen & Toubro’s (L&T) power transmission and distribution vertical has won multiple domestic and international contracts. In India, L&T will implement 765kV and 400kV transmission lines…

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India | News

L&T dispatches third steam generator for Kaiga nuclear plant expansion
By February 13, 2025February 13, 2025

Larsen & Toubro Limited (L&T) has dispatched the third steam generator for the 1,400 MW Kaiga-Units 5 and 6 Nuclear Power Plant Project in Uttara Kannada, Karnataka. The project is being implemented by Nuclear Power Corporation of India Limited (NPCIL) as Phase III of the Kaiga facility. L&T had previously dispatched the second steam generator on July 12, 2024. Phase I, comprising Units 1 and 2 (2×220 MW), and Phase II, consisting of Units 3…

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India | News

L&T secures Rs 150 billion NTPC contract for thermal power plants
By November 13, 2024November 13, 2024

Larsen & Toubro’s (L&T) Energy CarbonLite Solutions division has received a ‘Limited Notice to Proceed’ (LNTP) from NTPC to develop thermal power plants valued at over Rs 150 billion. The contract includes main plant packages for a 2×800 MW Stage-II thermal power plant in Gadarwara, Madhya Pradesh, and a 3×800 MW Stage-II thermal power plant in Nabinagar, Bihar. The project scope encompasses the design, engineering, manufacturing, supply, erection, and commissioning of boilers, turbines, electrostatic precipitators…

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India | News

L&T wins order from ITER for advanced nuclear fusion project in France
By October 28, 2024October 28, 2024

Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make nuclear fusion a viable energy…

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India | News

L&T partners with US firm for global nuclear power deployment
By October 21, 2024October 21, 2024

Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with US-based Clean Core Thorium Energy (CCTE) to provide efficient clean energy solutions globally. The partnership focuses on deploying nuclear power, especially in developing countries needing substantial carbon-free electricity. The collaboration will utilize CCTE’s ANEEL (Advanced Nuclear Energy for Enriched Life) fuel, designed for pressurized heavy water reactors like CANDU. This fuel combines thorium and high assay low-enriched uranium, aiming to cut operating costs…

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India | News

Rayzon Solar secures PV module supply contract for L&T’s projects
By October 18, 2024October 18, 2024

Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.

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India | News

Saatvik Solar to supply PV modules to L&T for Bihar BESS project
By October 10, 2024October 10, 2024

Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar. The project consists of 185 MW for a grid-connected solar power plant and 45.4 MW for a 4-hour battery storage system in Kajra district. As part of the agreement, Saatvik Solar will provide 545 Wp mono bifacial modules, featuring advanced glass-to-back sheet technology…

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