Larsen & Toubro’s power transmission and distribution (PT&D) vertical has won a domestic order worth ₹1,000-2,500 crore to build a grid-connected 185MW Solar PV Plant along with a Battery Energy Storage System (BESS) having multitudes of MWh capacity.
The BESS, with a capacity of 254MWh will enable storing solar energy during low-demand period and discharging when the demand peaks.
A Ravindran, Senior Vice President & Head of Renewable Strategic Business Group, L&T - PT&D, said, “This is a welcome addition to our Renewable EPC portfolio of 18 GWp (Gigawatt Peak) cumulative capacity, comprising solar and wind generation projects already commissioned and in the making. On the Battery Energy Storage System front, we handle more than 1.5 GWh of storage capacity. This rich experience has made us the EPC partner of choice for developers globally”.
Larsen & Toubro shares inched up 0.51 per cent on the NSE, trading at ₹3,552.95 as of 11.01 am.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.