L&T bags order from JSW Energy for heavy civil infra business
The engineering major will execute the Bhavali Pumped Storage Project, designed to have a total installed capacity of 1500 MW, in Maharashtra.
Larsen and ToubroLarsen & Toubro's Heavy Civil Infrastructure (HCI) business vertical on Monday announced that it has secured an order from JSW Energy for the execution of the Bhavali Pumped Storage Project (PSP) in Maharashtra. According to the company's project classification, the contract amount ranges between ₹1,000 to ₹2,500 crore.The Bhavali PSP will have a total installed capacity of 1500 MW, composed of various smaller units.The extensive scope of work encompasses the complete execution of all civil works. This includes the construction of crucial elements such as approach roads, the upper and lower reservoirs, the water conductor system, pressure tunnels, and the underground powerhouse unit.Pumped storage projects like the Bhavali PSP are pivotal to grid stability, particularly in the context of growing integration of variable renewable energy sources.Located strategically across the Nashik and Thane districts of Maharashtra, the Bhavali PSP is poised to play a pivotal role in India's energy landscape.