Rs 7+ lakh crore order book: L&T wins Major Orders in India and Abroad for Power Transmission Infrastructure

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured a significant batch of major EPC orders to bolster electricity grid infrastructure both in India and internationally. Domestically, the company will design and construct two 220 kV Gas Insulated Substations within the Durgapur–Raniganj–Asansol industrial belt of West Bengal. This project includes the installation of transmission line segments featuring advanced conductors and multi-circuit towers, specifically designed to modernise the grid. These enhancements are set to provide a stable voltage profile and increase the overall reliability of power networks supporting vital infrastructure and industrial hubs in the region.

On the international front, L&T has been awarded turnkey contracts from key utilities in the Middle East for the Construction of five substations and over 250 km of transmission lines across three different countries. These high-tech projects reach up to the 500 kV level and include the installation of a 400 kV underground cable system in one instance. As global energy demands surge and the energy mix shifts toward more complex configurations, these grid investments represent a high-priority commitment to economic security. The new orders serve as a testament to the continued trust customers place in L&T’s ability to deliver sustainable and timely grid backbones on a global scale.

About the Company

Larsen & Toubro (L&T) is a massive Indian conglomerate with its fingers in many pies. Their core business is engineering, procurement and construction (EPC) solutions across various sectors like infrastructure, power, hydrocarbon (oil & gas) and Defence. They also manufacture custom-designed machinery for these industries and even have a Real Estate arm. L&T is a major player in IT services through subsidiaries like L&T Infotech and Mindtree and provides financial services like rural and housing finance through L&T Finance Holdings. They even handle development projects involving infrastructure, toll management and power generation.

The company has a market cap of over Rs 6 lakh crore and has been maintaining a healthy dividend payout of 33 per cent. Life Insurance Corporation of India (LIC) owns a 13.60 per cent stake in the company as of June 2025. The company has a robust Order Book valued at Rs 7,33,200 crore as of December 31, 2025. The stock is up by 46 per cent from its 52-week low and has given multibagger returns of 190 per cent in the last 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.