L&T wins EPC contract for Acwa s 1.5GW Saudi solar project
RIYADH, 6 hours, 39 minutes ago India s top engineering and construction conglomerate Larsen & Toubro (L&T) said its renewables arm has secured a turnkey engineering, procurement and construction (EPC) contract for Sudair Solar PV Project with a 1.5GW capacity. The contract was awarded by a consortium of Acwa Power and the Water and Electricity Holding Company - a subsidiary of the Public Investments Fund of Saudi Arabia (PIF) - to L&T Power Transmission & Distribution Business. Coming up in Riyadh Province over a 30.8 sq km area, the Sudair Solar PV project is said to be the largest solar plant in the kingdom.
BUSINESS L&T wins Green EPC order to establish one of world’s largest solar PV plants by capacity April 10, 2021
S N Subrahmanyan
RIYADH/DUBAI The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity.
This project is considered the largest solar plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world.
L&T Construction secures Green EPC Order to establish one of the World s Largest Solar PV Plants by Capacity
Posted On: 2021-04-09 02:15:01 (Time Zone: Arizona, USA)
The Renewables arm of Larsen & Toubro s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity. This project is considered the largest Solar Plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world.
Larsen & Toubro (L&T) on Friday (9 April) announced that its renewable arm secured a major order to establish one of the World s largest solar PV plants by capacity.The renewables arm of Larsen & Toubro s power transmission & distribution business has secured a turnkey EPC contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia), for Sudair Solar PV Project of 1.5 GW capacity.
According to L&T s classification, the value of the said orders lies between Rs 5,000 crore to Rs 7,000 crore.
This project is considered the largest solar plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world. The project that is coming up in Riyadh Province has a 30.8 square kilometre land parcel available to install a total capacity of 1.5 GW PV solar modules with associated single axial tracker and inverters.
The Renewables arm of Larsen & Toubro s Power Transmission & Distribution Business has bagged an order to set up Sudair solar power project of 1.5 GW in Riyadh province of Saudi Arabia. The company did not disclose the value of the contract, but said the orders fall under the major category, which ranges between Rs 5,000 crore and Rs 7,000 crore, according to the classification of contracts. The Renewables arm of Larsen & Toubro s Power Transmission & Distribution Business has secured a turnkey EPC contract, from the consortium of ACWA Power and the Water and Electricity Holding Company for Sudair Solar PV Project of 1.5GW capacity, a company statement said.