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L&T subsidiary opens new manufacturing unit in Saudi Arabia

L&T Valves, a subsidiary of Larsen & Toubro, established a new manufacturing plant in Al Jubail, Saudi Arabia, next to the Dammam-Abu Hadriyah Highway.

L&T commissions green hydrogen plant at Hazira

The first phase of the project has been installed, tested, and commissioned.

L&T and ReNew announce partnership to focus on green hydrogen business in India

Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects in India.

L&T concludes the divestment of 99 MW Hydro Power Plant with Renew Power

L&T concluded the divestment of its 100% stake in the 3 x 33 MW (99 MW) hydroelectric power plant at Singoli-Bhatwari in Uttarakhand

L&T signs agreement to divest Singoli-Bhatwari hydroelectric project

Larsen & Toubro, announced the divestment of 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.

L&T secures EPC order to establish world’s largest solar PV plant

The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity.

L&T secures EPC order to establish world’s largest solar PV plant

The project that is coming up in Riyadh Province has a 30.8 sq km land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

Change of guard at Schwing Stetter India

Schwing Stetter India announced the retirement of Anand Sundaresan, Vice-Chairman and Managing Director of the company and a pioneer in the concreting and manufacturing industry.

Schwing Stetter bags award

Schwing Stetter has bagged the Best Commercial Vehicle Truck Application Builder of the year award at the Apollo Commercial Vehicle Awards 2014.

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