L&T Bags Order Worth Rs 10,000 Crore For Power Transmission And Distribution Business, Stock Reacts

Multinational conglomerate Larsen & Toubro (L&T)'s Power Transmission & Distribution (PT&D) vertical has bagged new major grid infrastructure orders (in the range of Rs 5,000 to Rs 10,000 crore), the civil construction company announced on Tuesday. The new orders will be executed in multiple locations in India and abroad.

L&T shares were trading marginally higher at Rs 3685.65 per share on BSE at 11:20 am on Tuesday with a market capitalisation of Rs 5,06,909.35 crore.

L&T's Major Order

The new grid infrastructure orders include the construction of 765 kV and 400 kV transmission line jobs related to the integration of a Renewable Energy Zone in Andhra Pradesh. Additionally, the Rs 5 trillion company has entered into partnerships with leading companies in Middle East to execute a set of 220kV and 132kV Gas Insulated Substations on turnkey basis.

"These orders come from leading transmission asset owners and operators in the respective countries. The new orders mark a key milestone for PT&D in its pursuit of delivering future-ready grid infrastructure to help realise the energy transition and sustainable energy goals of its valued customers," said the company in its BSE-filing on Tuesday.

The company on Monday had announced that its Heavy Civil Infrastructure (HCI) vertical had bagged a 'significant order' (worth Rs 1,000 to Rs 2,500 crore) from JSW Energy. The order was bagged for the execution of Bhavali Pumped Storage Project (PSP) in Maharashtra.

L&T's project is located across the Nashik and Thane districts. The company is designed to have a total installed capacity of 1500 MW. The order comprising of various small units including construction of approach roads, upper and lower reservoirs, water conductor system, pressure tunnels, and the underground powerhouse unit.

L&T Share Price Trend

The company stock touched tis 52-week high mark of Rs 3,963 per share on BSE on 10 December 2024. L&T stock dipped to its 52-week low mark of Rs 2,967.65 per share on BSE on 7 April, 2025.

The stock value has surged marginally by 0.5% year to date against Sensex value which has increased by 5% since the beginning of 2025. Meanwhile, L&T stock's share price value surged around 15.99% in three months and by 4% in one year.

L&T, with a worth of $30 billion, is an Indian multinational company with a stronghold in fields like EPC Projects, Hi-Tech Manufacturing, and Services. It has a strong customer-focused approach with a strong presence in technology, engineering, construction, manufacturing, etc. The Mumbai-headquartered company has expanded into more than 50 countries since its inception, nearly eighty years ago. The company also deals in the hydrocarbon, minerals and metals, heavy engineering, shipbuilding, precision engineering, finance, realty, edutech, and greentech segment.