L&T bags major grid infrastructure orders in India and Middle East
's (L&T)
Power Transmission & Distribution
(PT&D) on Tuesday announced that it has secured major new
grid infrastructure
orders in India and abroad. According to the company's project classification, the order ranges between ₹5,000 to 10,000 crore.
In India, the company has bagged contracts to build 765kV and 400kV transmission lines, which are vital for the integration of a Renewable Energy Zone (REZ) located in Andhra Pradesh
Expanding its international footprint, L&T's PT&D business has also secured orders in the Middle East. The scope of these orders includes the execution of a set of 220kV and 132kV
Gas Insulated Substations
(GIS) on a turnkey basis.
Larsen & Toubro's PT&D business is a key player in the global energy infrastructure sector, offering a comprehensive range of integrated solutions from design and manufacturing to supply, construction, and commissioning of high-voltage transmission lines, substations, and distribution projects.
They are also active in industrial project electrification, instrumentation, and control systems.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
23 minutes ago
- Time of India
'Chinese uses encrypted WeChat...': Ruben drops bombshell on drug cartel money laundering
Read more on During a Senate Foreign Relations Committee hearing on Wednesday, Sen. Tim Kaine (D-VA) asked Retired Drug Enforcement Agency Assistant Special Agent in Charge Christopher Urben about money laundering. 'Chinese uses encrypted WeChat...': Ruben drops bombshell on drug cartel money laundering Exclusive Offer For You!
The Wire
7 hours ago
- The Wire
Why Business Leaders and Entrepreneurs Must Wake Up to Tax Department and Interpol's Collaboration
The Income Tax department's recent move to collaborate with Interpol in tracking down Indian tax evaders hiding assets abroad is more than just a headline. It's a shot across the bow – not just for habitual offenders, but for the entire business ecosystem. Seeing from both a legal standpoint and an entrepreneurial mind, this moment calls for sharp legal awareness and sharper business integrity. What happened and why it matters India's I-T department is now actively using Letters Rogatory (judicial requests to foreign jurisdictions) and coordinating with Interpol to unearth undisclosed overseas assets. In plain terms: the age of 'out of sight, out of reach' is over. This isn't just about tracking down fugitives. It's about signaling to the business community – especially those with global footprints – that scrutiny doesn't end at our borders. Offshore trusts, layered shell companies and nominee shareholders are no longer safe bets. The message is clear: if your money crossed the borders without a tax trail, the law might just follow. From a businessperson's lens Reassess your offshore structures: Many global entrepreneurs and legacy businesses have genuine international operations these days. However, if you're holding onto outdated offshore models that were set up to 'optimise' taxes without substance, now is the time to rethink. What once passed as creative structuring may now attract regulatory suspicion. Embrace compliance as a strategic asset: Today, compliance isn't just a legal checkbox – it's a reputation safeguard. Clients, investors and regulators now demand visibility. The companies that survive and scale in this new era will be the ones that view transparency as part of their brand, not just their books. Get ahead of the curve with voluntary disclosures: If there are skeletons in the closet – undeclared assets, foreign income, or structures that haven't been updated in years — the worst move is silence. The better move is proactive engagement with your advisors. In some cases, voluntary disclosures can reduce penalties or avoid prosecution. Digital footprints matter: The authorities are using more sophisticated data-matching tools than ever. Cross-border banking info, crypto transactions, property registries – everything leaves a trail. If your tax strategy relies on opacity, it's time to pivot. Build a legal-first mindset into your business DNA: Whether you're a startup scaling globally or a legacy company managing international assets, your legal strategy needs to be as agile as your business plan. Surround yourself with advisors who understand international tax, compliance frameworks and enforcement trends. Governance vs nuisance While these measures are towards governance which seeks to create stability and transparency and helps to crack down the tax evasion case, it is important to note that these regulations could also lead to a nuisance which could create disorder or harm the genuine cases. While the government has been given wide power to crack down the undisclosed foreign offshore assets, what is important is that it ensures that these powers are used to crack the tax evaders rather than genuine cases where there is a lapse due to oversight or noncompliance due to ignorance or where there is no wilful default. A legal-entrepreneurial future This shift isn't a threat – it's a wake-up call. And for the discerning entrepreneur, it's an opportunity. An opportunity to build more resilient, transparent, future-proof enterprises. An opportunity to clean up the grey zones and invest in governance that travels well across borders. As someone who straddles the worlds of law and business, I see this as a defining moment. The global legal landscape is evolving. The businesses that survive it will be those who evolve with it — not just legally, but culturally. Let this be a moment of reflection, not fear. The law is finally catching up with the global economy. Namisha Gupta is a Delhi based lawyer.
Time of India
8 hours ago
- Time of India
"How long can you stare at your wife...": L&T's Subrahmanyan on how policy violation by someone made him, his wife uncomfortable
Larsen & Toubro Chairman and Managing Director S N Subrahmanyan has finally broken his silence over his hugely controversial remark about employees working on Sundays, clarified that it was a casual observation in response to certain problems that had cropped up. It may be recalled here that in January this year, the L&T chief had touched off a huge row with his observation on work life balance , appearing to have endorsed 90-hour work weeks for employees. Explaining how his wife responded to his viral comment about 'how long can you stare at your wife', Subrahmanyan said "she didn't appreciate being referenced unnecessarily in professional discussion." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The 5 Books Warren Buffett Recommends You To Read in 2025 Blinkist: Warren Buffett's Reading List Undo "It was an internal comment addressing operational pressures that someone violated policy by recording and circulating," he said. "While neither sought apologies, we both felt uncomfortable. My informal communication style sometimes creates unintended consequences," Subrahmanyan added. Live Events Subrahmanyan, in an interview to the Economic Times, clarified that his response during a conversation was casual, but the recording of that interaction was against rules. In the video of the said internal meeting that went viral, the L&T Chairman stirred debate by suggesting that employees should consider a 90-hour work week, including working on Sundays. This statement followed a similar controversial call by Infosys founder Narayana Murthy , who advocated for a 70-hour work week. In a video that emerged on social media, Subrahmanyan expressed his views while addressing a question about mandatory Saturday work at L&T. He stated, 'I regret I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy, because I work on Sundays also.' 'What do you do sitting at home? How long can you stare at your wife? How long can the wives stare at their husbands? Get to the office and start working,' he was heard saying in the video. His remarks prompted a fierce wave of criticism online, with many questioning the rationale behind such extensive work hours, particularly for lower-paid employees who are expected to match the same commitment as their higher-paid counterparts. Subrahmanyan's comments resonated negatively with social media users. One user highlighted the disparity in expectations, referencing Murthy's 70-hour work week suggestion and calling Subrahmanyan's stance 'arrogance and ignorance.' The general sentiment among critics is that the demands placed on lower-tier employees should not mirror those of CEOs, especially given the differences in compensation and job responsibilities. The incident involving Subrahmanyan raised broader questions about work culture in India, especially in the corporate sector. As companies strive for higher productivity, the implications of such extended work hours on employee well-being and work-life balance become increasingly significant. The backlash against Subrahmanyan's comments highlighted a growing concern regarding workplace expectations.
