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Vivek kumar

19 hours ago · SEBI-Registered Analyst

L&T Wins Major Middle East Battery-Storage Order !!

L&T Wins Major Middle East Battery-Storage Order 🔋⚡ Larsen & Toubro (L&T) is in focus after its renewables business secured a major battery energy storage system (BESS) order in the Middle East. The contract is significant enough for L&T to classify it within its “Major” order category, which covers projects valued between ₹5,000 crore and ₹10,000 crore. The order strengthens L&T's position in the rapidly growing global energy-storage market. Battery storage is becoming increasingly important as countries add large amounts of solar and wind capacity. Storage systems allow electricity generated during periods of high renewable production to be stored and released when demand rises, helping improve grid stability. For L&T, the development adds to an already strong order-book environment. The company has been winning contracts across infrastructure, energy, construction and international markets, giving investors greater visibility over future revenue.

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