India’s Larsen & Toubro wins EPC orders worth over $1 billion

What happened

The Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has secured multiple Engineering, Procurement and Construction (EPC) orders in India and abroad worth over USD 1 billion for strengthening power transmission infrastructure and enabling renewable energy evacuation. In Saudi Arabia, PT&D won orders in the 380 kV transmission and substation segments; in the UAE, the business won an order for constructing 132/11 kV substations and associated cabling works; and in the domestic market in India, it secured an order from a leading private sector developer for setting up a transmission system comprising transmission lines and substations in Visakhapatnam in the southern state of Andhra Pradesh. The source does not state any semiconductor component price or supply change.

Impact and signal

Affected components and suppliers

Source and time

Source: Evertiq · 10/14/2026 · View original source