Larsen & Toubro has allotted 20,661 equity shares under ESOS on 24 March 202g. Powered by Capital Market - Live News

The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has secured a batch of EPC orders to establish electricity grid system elements in India and abroad. According to the company`s project classification, the value of the orders ranges between Rs 5,000 crore to Rs 10,000 crore. In India, PT&D has received order for design, supply and construction of two 220 kV Gas Insulated Substations in the Durgapur-Raniganj-Asansol industrial belt of West Bengal. The scope also includes associated transmission line segments with advanced conductors and multi-circuit towers. These grid modernisation jobs will provide a stable voltage profile and enhance reliability of power networks for infrastructure and industrial projects in the region. In the Middle East, PT&D has won orders from key utilities for the turnkey construction of five substations and over 250 KM transmission lines. Located in three different countries in the region, these projects are up to 500 kV level. In one of the projects, the scope also involves supplying and installing a 400 kV underground cable system. In view of surging demand, shifting nature of energy mix and security driven initiatives, grid investments have become high-stake, high-tech priority areas for economic forerunners. These orders reflect the unflinching customer trust on L&T for safe, flawless, sustainable and timely creation of grid backbone. Powered by Capital Market - Live News

Two business verticals of Larsen & Toubro � the Heavy Civil Infrastructure (HCI) and Heavy Engineering (HE) � have jointly won a significant order from the Department of Atomic Energy of Government of India, for establishing the LIGO India Observatory. The Observatory will come up at Aundha in Maharashtra`s Hingoli district. According to the company`s project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore. LIGO (Laser Interferometer Gravitational Wave Observatory) is used for detection of gravitational waves caused by cataclysmic cosmic events through multikilometer-scale wave detectors using laser interferometry. The initiative will be one of India`s flagship �Mega Science` projects, developed through a collaboration between premier Indian research institutions � including RRCAT and IPR � and the LIGO Laboratory of the United States, with support from Caltech and MIT. L&T`s project scope encompasses comprehensive engineering, procurement and construction of vibration sensitive specialised high-precision civil infrastructure, along with the manufacture and installation of ultra-high vacuum compatible 8 KM beam tube and critical equipment for vacuum infrastructure.Integration of mechanical, electrical, HVAC, fire protection, vacuum control, monitoring system and all support utilities are also in L&T`s scope. The project completion deadline is 48 months.This prestigious order reinforces L&T`s strong track record and proven expertise in delivering complex projects in the field of science and technology.Powered by Capital Market - Live News

At the India AI Summit, Larsen & Toubro (L&T) today announced a proposed venture under the India AI Mission to build sovereign, scalable GW-scale NVIDIA AI factory infrastructure to reinforce India`s position as a global AI powerhouse. This partnership is aimed at India`s enterprises, policymakers, industry leaders, global off takers, and analysts seeking production-grade AI capacity anchored in India`s digital and industrial transformation. It integrates L&T`s engineering, infrastructure development, and execution with NVIDIA AI infrastructure including NVIDIA GPUs, CPUs, Networking, NVIDIA-accelerated storage platforms from leading providers, the NVIDIA AI Enterprise software stack, and reference architectures to enable rapid, secure AI adoption. It will deploy AI-ready datacenter infrastructure, advanced computing platforms, and ecosystem enablement required to support large-scale AI workloads across priority sectors. In alignment with the IndiaAI Mission, this venture will support the creation of sovereign AI infrastructure that allows critical data, models, and AI workloads to be built, trained, and deployed within India, while remaining interoperable with global ecosystems. This sovereign by-design fabric is intended to serve domestic requirements, global hyperscalers, cloud providers, and enterprises looking to deploy large-scale AI capacity from India as a strategic hub.The venture plans to develop gigawatt-scale AI data center factory, providing AI-ready capacity for high-density, next-generation workloads so customers can expand in India efficiently and sustainably. The venture will scale NVIDIA GPU cluster deployment at its Chennai DC up to 30 MW capacity in its 300 acres Gigawatt scalable campus & at the new 40 MW Datacenter in Mumbai currently under execution. Powered by Capital Market - Live News

The Transportation Infrastructure business vertical of L&T has secured a significant contract for the improvement of Latifa Bint Hamdan Street in Dubai, UAE. The order pertains to the Phase-1 of the road development initiative undertaken by the UAE authorities. As per the company`s project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore. The scope of the project includes upgrading the existing road corridor stretching from Emirates Road (E611) to Sheikh Mohammed Bin Zayed Road (E311). The work involves widening the current two‑lane dual carriageway into a four‑lane dual carriageway in each direction to enhance network capacity and ease traffic flow. A significant feature of the project will be the construction of a major structural interchange at E311, designed to enable seamless traffic movement across all directions. Beyond the interchange, the corridor will be extended with a new four‑lane dual carriageway along Latifa Bint Hamdan Street. The development also includes a dedicated interchange to facilitate U‑turn movements and provide improved access to developments located on both sides of the corridor. The project is scheduled to be completed in 36 months.Powered by Capital Market - Live News