L&T wins 'significant' orders in West Asia for extra high voltage substations

Larsen and Toubro (L&T) Ltd. on Wednesday, May 13, said its power transmission and distribution business vertical has won 'significant' EPC orders from clients in West Asia to set up extra high voltage substations.

L&T classifies orders in the ₹1,000 crore to ₹2,500 crore range as 'significant'.

The company said the orders include the construction of a 380 kV substation and two 132 kV substations. These high capacity facilities will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands, L&T said.

The orders have been awarded to the vertical on a turnkey basis and are to be delivered against stringent timelines, it added.

Last week, L&T's energy hydrocarbon onshore vertical secured another 'significant' EPC order from Bharat Coal Gasification and Chemicals Ltd. (BCGCL) for a coal-to-ammonia-nitrate project in Odisha.

It won another 'large' order from the Coal India and Bharat Heavy Electricals (BHEL) joint venture a few days prior.

L&T reported its fourth quarter results a week ago. It guided for 10% - 12% revenue growth for the current fiscal, similar margins to FY26 at 8.3% and 10% - 12% growth in order inflow. It expects the first and second quarters to witness disruptions due to delayed shipments.

Shares of L&T have recovered from the lows of the day, currently trading 0.8% higher at ₹3,887. The stock is still down 6% so far in 2026.

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