L&T wins $250M transmission contracts in Africa and Asia

India: The power transmission and distribution business of Larsen & Toubro has won contracts for several power transmission projects in Asia and North Africa, with a total value of $250 million.

In India, the company has won order for the construction of 220 kV and 132 kV transmission lines and substations in Madhya Pradesh as part of the Green Energy Corridor projects. Another contract has been won for the establishment of a 400/230 kV gas insulated substation in Tamil Nadu, reports Equity Bulls.

In Nepal, the company secured a contract with the Nepal Electricity Authority for the design, supply, installation, testing and commissioning of 220 kV substations.

In North Africa, L&T is to build a 60/10 kV gas insulated substation in Annaba city in Algeria. In Morocco, the company will be constructing 400 kV and 225 kV transmission lines to evacuate power from the Midelt solar power station.

In Egypt, the company has received order from Egyptian Electricity Transmission Company for the construction of a 220 kV transmission line from Toshka in Egypt, which will form a crucial link in the Egypt-Sudan electricity interconnection project.

Source: Equity Bulls