L & T construction bags order solar power project in Saudi Arabia | Photo credit: BCCL
New Delhi: The renewable energies division of the power transmission and distribution business of Larsen & Toubro has been awarded the contract to set up a Sudair solar power project with 1.5 GW in the Saudi Arabian province of Riyadh.
The company did not disclose the value of the contract, but said the contracts fall under the “main” category, which is between 5,000 and 7,000 rupees according to the classification of the contracts.
The Renewables arm of the power transmission and distribution business of Larsen & Toubro has signed a turnkey EPC contract with the consortium of ACWA Power and the water and electricity holding company for the Sudair Solar PV project with a capacity of 1.5 GW.
According to a statement, this project is considered to be the largest solar power plant in Saudi Arabia with a signed power purchase agreement (PPA). It is also one of the largest such plants in the world.
The EPC (Engineering Procurement Construction) contract was awarded by the consortium of ACWA Power and the Water and Electricity Holding Company, a subsidiary of the Public Investments Fund of Saudi Arabia (PIF).
“We have been building efficient power transmission and distribution networks with modern substations and transmission lines in this region for more than two decades. This is further recognition of our ability to build mega-projects in speed and size,” said T Madhava Das, Whole-Laut L & T, Time Director and Senior Executive Vice President (Utilities).
A 30.8 square kilometer plot of land is available for the upcoming project in the province of Riyadh, on which a total capacity of 1.5 GW PV solar modules with associated single-axis trackers and inverters can be installed.
“With multiple GW Solar EPC experience, L&T has developed into a global technology player for solar systems,” said SN Subrahmanyan, CEO and Managing Director of Larsen & Toubro in the statement.
L&T has been a provider of EPC services for several green projects over the past few years. The L&T has commissioned over 2.1 GW of utility-scale solar projects and operates and maintains several of them.
Larsen & Toubro is an Indian multinational company engaged in EPC projects, high-tech manufacturing and services with sales of over US $ 21 billion. It operates in over 30 countries around the world.