NEW DELHI, June 24
Larsen and Toubro (L&T) on Monday announced that its Power Transmission & Distribution (PT&D) vertical has secured a domestic order to build a grid-connected 185MW Solar PV Plant along with a Battery Energy Storage System (BESS) having multitudes of MWh capacity.
It further added that the Solar PV plant at Kajra in Lakshisarai district will be a key element in Bihar’s plans to harness renewable energy for sustainable energy solutions towards combating climate change and meeting demand growth.
The BESS will enable storing solar energy during low-demand period and discharging when the demand peaks. It has a capacity of 254MWh. In addition, the BESS will also help smoothening the fluctuations in generation, frequency regulation and voltage support. It comes with black start capability to the grid that will facilitate quick re-energisation after an outage.
A Ravindran, Sr Vice President & Head of Renewable Strategic Business Group, 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”.
T Madhava Das, Whole-time Director & Sr Executive Vice President (Utilities), Larsen & Toubro, said, “Our expertise in providing renewable energy solutions encompasses a vast array of technologies involved in ground-mounted and floating solar generation, grid scale and distributed energy storage systems, efficient transmission and distribution networks and allied digital energy solutions. Our footprint in facilitating clean energy extends to multiple geographies including India, Middle East and the Far East, enabling our customers to develop GW-scale projects economically with safety, quality and timely delivery.”
Talking about he order, Amit Anwani, Research Analyst, Prabhudas Lilladher Pvt Ltd, said, “L&T already handles over 1.5GW of BESS capacity, and has 18 GWp (Gigawatt Peak) cumulative capacity of solar and wind generation projects (commissioned + in the making).” He further added that the order will take the company’s YTD order intake to Rs 55- Rs 125 billion. According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore. L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.
