Shares of Larsen and Toubro Ltd. fell by 1% after reaching a day’s high of Rs 3,715.65 on 30th September, despite the company announcing that its Digital Energy Solutions (DES) arm has received a mandate to create and put into action Energy Management Systems in regional and state load dispatch centres across South India.
The Energy Management System and software will be installed in 12 control rooms for main and backup setups at the Southern RLDC and SLDCs of Andhra Pradesh, Kerala, Tamil Nadu, Puducherry, and Telangana.
The company stated that the integration of these systems will be completed without any downtime for the current setup.
L&T DES will upgrade control rooms with power system applications from a top global OEM to monitor and control real-time energy flow in the electricity transmission network, ensuring reliable grid operations. The upgrade will use the L&T-Sparl-CRIM platform to integrate substation data.
In another project, the firm will upgrade power and transmission control rooms in the western United States, deploying over 15 EMS hosts to enhance real-time monitoring, situational awareness, and grid reliability for operators and analysts.
They are currently working on several advanced grid modernization and digitization projects in India, including upgrades in national and regional transmission asset management centres, which involve 14 control rooms and the integration of 270 EHV transmission substations.
At 11:37 AM, the shares of L&T were trading 0.86% lower at Rs 3,673.60 on NSE.
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