Larsen - & Toubro shares came off intraday low levels and were down 1 per cent lower at Rs 1,419.
Renewables arm of Larsen - & Toubro's Power Transmission - & Distribution company has actually secured a turnkey engineering, procurement, and construction (EPC) agreement from Saudi Arabia to construct Sudair Solar PV Job of 1.5 gigawatts capacity, Larsen - & Toubro said in a news release.
This task is considered the largest Solar Plant in Saudi Arabia with PPA signed.
It is also among the largest such plants on the planet, Larsen - & Toubro said in a stock exchange filing.
The task will be coming up in Riyadh province of the Kingdom and has 30.8 square kilometre land parcel readily available to install a total capacity of 1.5 GW PV Solar modules with associated single axial tracker and inverters.
With several GWs of solar EPC experience, L&T has become a global innovation gamer for solar plants, stated S.
N.
Subrahmanyan, CEO - & handling director, Larsen - & Toubro Following the statement Larsen - & Toubro shares came off intraday low levels and were down 1 per cent lower at Rs 1,419.