L&T Secures Large Order for India’s Biggest 3,000 MW Pumped Storage Project

Larsen & Toubro’s Heavy Civil Infrastructure business vertical has secured a large order from Torrent Energy Storage Solutions Pvt Ltd for the construction of the 3,000 MW Saidongar-1 Pumped Storage Project in Raigad, Maharashtra. 

Formerly known as Torrent PSH 3 Pvt Ltd, the company has entrusted L&T with the execution of what will be India’s largest pumped storage project. The project will comprise ten generating units of 300 MW each, making it a landmark development in the country’s power and energy storage landscape.

Scope of Work and Execution Responsibility

The scope of the contract includes design, engineering and execution of all civil and hydromechanical works associated with the Saidongar-1 project. 

This encompasses complex underground structures, waterways, power caverns and related infrastructure critical to the functioning of a large pumped storage facility. 

With its deep expertise in hydroelectric and pumped storage projects, L&T will play a pivotal role in transforming the project from design to reality while adhering to stringent safety, quality and timeline benchmarks.

Strategic Importance for Energy Security

The Saidongar-1 Pumped Storage Project is expected to significantly enhance grid reliability and energy security for Maharashtra and neighbouring regions. Pumped storage projects are increasingly critical as India integrates higher levels of renewable energy into its power mix. 

By storing surplus electricity during periods of low demand and releasing it during peak consumption hours, such projects provide flexibility, stability and rapid response capability to the power grid.

Reinforcing L&T’s Engineering Leadership

This order further reinforces L&T’s position as a trusted partner for executing large-scale, high-capacity pumped storage and hydroelectric projects of national importance. 

The company’s proven track record of engineering excellence, timely delivery and world-class safety standards has enabled it to consistently secure complex infrastructure contracts. The Saidongar-1 PSP adds to L&T’s strong portfolio in the hydro and renewable energy infrastructure space.

Supporting India’s Decarbonisation Goals

Beyond grid stability, pumped storage projects like Saidongar-1 play a vital role in supporting India’s long-term decarbonisation objectives. By enabling efficient integration of renewable energy sources and reducing reliance on fossil fuel-based peaking power, the project contributes to a cleaner and more resilient energy system.

L&T Share Price Performance

On January 14, 2026, L&T share price (NSE: LT) opened at ₹3,900.00, touching the day’s low at ₹3,866.60, as of 10:19 AM on the NSE.

Also Read: L&T Wins Major Order for Cable-Stayed Bridge!

Conclusion

With the Saidongar-1 Pumped Storage Project, L&T is set to deliver infrastructure of immense national significance. The project not only strengthens India’s energy storage capacity but also underscores L&T’s leadership in building complex, future-ready power infrastructure.

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