MARCH 20259L&T BAGS KEY POWER INFRASTRUCTURE PROJECTS IN INDIA AND OVERSEASINDIA TO CONSTRUCT WORLD'S LONGEST LPG PIPELINE BY JUNE TO REDUCE COSTSLarsen & Toubro (L&T) is further strengthening its hold in the power transmission segment with the acquisition of massive orders in the domestic and international India's state-run refiners will complete the commissioning of the world's longest liquefied petroleum gas pipe by June, marking a key step that is bound to clearly reduce the cost of transport for sale, and will also help prevent fatal accidents on the roads.The $1.3 billion project would eradicate the need for at least a few hundred trucks carrying liquefied petroleum gas from refineries to bottling plants and which often collide. markets. With the increasing demand for dependable energy infrastructure, L&T's power transmission and distribution segment has been assigned flagship projects that enable the integration of renewable energy sources and grid strengthening.In India, L&T has been awarded a contract to undertake the implementation of transmission line sections in a Renewable Energy Zone in Uttar Pradesh. The project aligns with the country's drive to develop clean energy infrastructure. The company has also been awarded a contract for the overall construction of a transmission line to deliver electricity from a non-fossil fuel power generation facility in the southern region of the country.Expanding its global presence, L&T has bagged an order in Saudi Arabia to deliver a Gas Insulated Substation (GIS), an important piece of equipment for hassle-free power transmission. In Abu Dhabi, the firm has been entrusted with the development of a new grid station, thereby increasing its energy solutions strength.Larsen & Toubro is a $27 billion Indian multinational and industry leader in engineering and construction with a strong footprint in diverse segments like infrastructure, power, and technology. Larsen & Toubro keeps leading the way in new green energy solutions around the world. A petrol tanker recently overturned in Coimbatore and blocked traffic in the southern city. Last December, at least 20 people were killed, 45 were injured, and some 36 vehicles were damaged when an oil tanker collided with an Indian Oil vehicle in the northwestern city of Jaipur.Together, Indian Oil, Bharat Petroleum Corp., and Hindustan Petroleum Corp, established the IHB that will build the 2,800-kilometer-long pipeline from Kandla on the west coast of India to Gorakhpur in the northern part of the country. The pipeline network will be capable of transporting LPG up to 8.3 million tons annually, which would amount to about 25 percent of India's total demand. This will cut freight costs that, with about 70 percent of bottling plants getting their supply through trucks, is significant for the world's third-largest consumer. India's Petroleum and Natural Gas Regulatory Board has been calling on refiners to build more pipelines to address increasing volumes and thus help avert serious road disasters.Demand for local use of the fuel, chiefly for home cooking, has explosively increased an eightfold over the course of the last decade to 29.6 million tons in FY 2023-24, which is more than the 47 percent demand growth for refined oil products combined.
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