L&T secures ₹15,000 crore offshore wind contract
after close1 source ↓written by the desknot a recommendation
- TenneT
- 2 GW offshore wind programme
- valued
- ₹15,000 crore
L&T, in collaboration with Hitachi Energy, has signed a framework agreement with TenneT for a 2 GW offshore wind programme. This contract, valued at over ₹15,000 crore, includes two new projects in the Netherlands and Germany, enhancing L&T's sustainable energy portfolio ahead of its Q1 FY27 results.
• Total value: ₹15,000 crore
• Projects: 2 in Europe
• Partners: Hitachi Energy
This significant order may bolster L&T's market position and investor sentiment.
Not investment advice. For informational purposes only.