Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
BUSINESS

Larsen and Toubro Power Subsidiary Secures 185 MW Contract in Bihar 

L&T is already a leading player globally with a vast portfolio of 22 GWp of renewable EPC experience.

Larsen & Toubro’s Power Transmission & Distribution division has secured a contract to develop a 285-megawatt (MW) Solar PV Plant equipped with a battery energy storage system (BESS) in Kajra, Bihar. 

This initiative aligns with the state’s renewable energy objectives, addressing climate change and catering to increasing energy needs.

The filing added, “The Solar PV plant at Kajra in Lakhisarai district will be a key element in Bihar’s plants to harness renewable energy for sustainable energy solutions towards combating climate change and meeting demand growth.”

The 254 megawatt-hours (MWh) BESS will store solar power during periods of low demand and release it during peak times, thereby stabilising power generation fluctuations, regulating frequency, and maintaining voltage levels. Additionally, it features a black start capability for rapid grid re-energisation after outages.

According to L&T’s classification, the value of this major contract is estimated to be between Rs 1,000 crore and Rs 2,500 crore.

Ravindran, senior vice-president and head of Renewable Strategic Business Group at Larsen & Toubro 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.”

Get Daily Prediction & Stocks Tips On Your Mobile