L&T wins ₹5,000-10,000 cr 'major' order to build 3 battery storage projects in Middle East
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The order, classified as 'major' under L&T's internal order classification, involves developing three four-hour BESS projects for a Middle Eastern client. The scope also includes grid interconnections, pooling substations and underground cables. Under L&T's order classification, projects valued between ₹5,000 crore and ₹10,000 crore are categorised as major. The company did not disclose the value of the latest order. ALSO READ | From dairy machines to AI factory: L&T is future-proofing its empire The projects are aimed at strengthening grid stability and facilitating greater integration of renewable energy into the region's power networks. The battery systems will store surplus clean power generated during off-peak periods and dispatch it during peak demand. L&T said the BESS installations will use liquid-cooling technology, designed to enable higher power density while improving safety and extending the operational life of the systems. L&T's scrip ended at ₹4,116, up 0.76% on the BSE on Tuesday. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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