L&T Renewables Secures Major Order to Develop Battery Energy Storage Systems in the Middle East
Mumbai, August 25, 2026: Larsen & Toubro's Renewables business vertical has secured a major contract to develop three Battery Energy Storage System (BESS) projects for a prominent client in the Middle East. This significant contract positions L&T as a key EPC player in the rapidly expanding energy storage sector.The scope of the projects extends beyond the storage facilities to include crucial grid interconnections, such as pooling substations and underground cables. Collectively, the three projects represent a total storage capacity of 6 gigawatt-hour, marking a significant development in grid modernization and renewable energy integration across the Middle East region.
Each of the three projects features a 4-hour Battery Energy Storage System (BESS), designed to store and dispatch energy. This advanced solution is intended to support grid stability and facilitate renewable energy integration. The BESS technology includes liquid cooling, which enhances safety, ensures extended operational life, and provides higher power density.
This type of project requires adherence to stringent standards concerning plant performance, quality, safety, project timeline, and workforce mobilization. The awarded order reflects the client's trust and confidence in L&T, underpinned by the company's established engineering excellence and project management expertise.
Company Background
Larsen & Toubro is a USD 32 billion Indian multinational, engaged in EPC Projects, Hi-Tech Manufacturing, and Products and Services across diverse domains and multiple geographies. The company has sustained leadership in its primary lines of business for eight decades, driven by a customer-focused approach, a continuous pursuit of top-class quality, and a strong focus on AI and technology.LT Stock Price Movement
Shares of Larsen & Toubro Limited are edging higher to ₹4092.7 as of 9:35 AM today, gaining 0.07% in live trading. The stock sees a current trading volume of 60,203 shares in the morning session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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