Larsen & Toubro begins constructing 300MW solar plant in Saudi Arabia
By: Times News Service
Dubai: The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured the go-ahead to begin constructing the 300MW Jeddah Solar PV Power Plant.
The turnkey EPC order has been received from the consortium of Masdar, EDF Renewables and Nesma Company.
Awarded by Saudi Arabia’s Renewable Energy Project Development Office to the consortium under design, finance, build and operate mode, the project has now attained financial closure after the signing of the power purchase agreement and thereby the notice to Larsen & Toubro to proceed with the construction.