L&T Sells its Electrical and Automation Business to Schneider Electric
Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric. Schneider Electric will own a 65% stake in ...
L&T Infrastructure Finance Receives $50 Million from AIIB to Fund Renewable Projects
L&T Infrastructure Finance Company Limited (LTIF), an Indian non-banking financial company (NBFC), announced that it had received the first $50 million (~₹3.72 billion) of a $100 million (~₹7.43 billion) external ...
Tata, Jakson, and L&T are Winners in NTPC’s 560 MW Solar Auction
The National Thermal Power Corporation (NTPC) has concluded the auction process for 1,000 MW of solar projects under the Develop Build Demonstrate (DBDT) program. Out of the 1,000 MW capacity, ...
NHPC Commissions 50 MW Grid-Connected Solar PV Project in Tamil Nadu
The National Hydroelectric Power Corporation (NHPC) has successfully commissioned a 50 MW grid-connected solar photovoltaic (PV) project in Theni and Dindigul districts of Tamil Nadu. According to NHPC’s Bombay Stock ...
L&T Construction Bags 200 MW Solar Projects in Rajasthan and Tamil Nadu
The Engineering Procurement and Construction (EPC) company Larsen & Toubro (L&T) Construction has bagged two grid-connected solar photovoltaic (PV) projects worth ₹5.9 billion (~$92 million) to be developed in the states of ...
Karnataka’s Pavagada Solar Park Stands Tall Despite Delays and Hiccups
Following delays attributed to natural and man-made causes, officials now hope to have most of the capacity online this month In Karnataka’s Tumkur district stands an expansive solar park that ...
L&T Interview: Government Should Focus More on Decentralized Solar
The Indian solar sector has witnessed exponential growth in the past few years, thanks to supportive policies and the increasing experience of implementing agencies. The country has set an impressive ...
ITI Limited is the Lowest Bidder in the Second Round of EESL Smart Meter Auction
ITI Limited quoted a price of ₹2,503 (~$38.50)/single phase smart meter to emerge as the lowest bidder in the second round of auctions conducted by Energy Efficiency Services Limited (EESL), ...
Larsen & Toubro Wins EESL Contract to Supply Smart Meters
Larsen & Toubro (L&T) has won contract to supply 2.5 million smart meters to Energy Efficiency Services Limited (EESL), a Joint Venture company of Public Sector Units of Ministry of ...
IFC Invests $103 Million in L&T Infrastructure Finance
The IFC, a member of the World Bank Group, has invested $103 million in L&T Infrastructure Finance Company, a wholly-owned subsidiary of L&T Finance Holdings, by subscribing to the first ...
NHPC Awards a 50 MW Solar Project To Larsen & Toubro
The National Hydroelectric Power Corporation (NHPC) has signed an engineering, procurement, and construction (EPC) contract with Larsen & Toubro to develop a 50 MW grid-connected solar project in the Theni ...