Larsen & Toubro (L&T) has secured an Ultra-Mega Framework Cooperation Agreement (FCA) with TenneT for its 2 GW offshore wind programme, further expanding its presence in Europe's renewable energy sector, as per the exchange filings.
The agreement has been awarded to a consortium comprising L&T and Hitachi Energy and covers multiple offshore transmission projects under TenneT's high-voltage direct current (HVDC) programme.
The FCA covers six projects in principle, along with future opportunities under TenneT's 2 GW HVDC programme.
The consortium will continue executing IJmuiden Ver Alpha and Nederwiek 1 in the Netherlands, while commencing Nederwiek 3 in the Netherlands and LanWin 5 in Germany.
Together, the projects represent a cumulative transmission capacity of 8 GW, operating at 525 kV
The infrastructure will transmit renewable electricity generated in the Dutch and German sectors of the North Sea to onshore power grids.
The contract has been classified as an Ultra-Mega order under L&T's order classification framework.
According to the company, projects in this category are valued at more than ₹15,000 crore.
Under the engineering, procurement, construction and installation scope, L&T will execute offshore converter platforms and associated infrastructure.
Hitachi Energy will provide its HVDC Light technology for efficient power conversion and transmission.
L&T said its offshore wind business is supported by engineering centres in India and Sharjah, UAE, strategic global partnerships, a robust supply chain and modular fabrication facilities in Kattupalli, India.
These capabilities enable the delivery of complex offshore structures with a focus on safety, quality and sustainability.
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As of 28 July 2026, at 12:56 PM, Larsen & Toubro Ltd share price was trading at ₹3,829.10 per share, reflecting a decline of 0.61% from the previous trading session.
The framework agreement expands L&T's offshore wind portfolio through multiple transmission projects across the Netherlands and Germany. The programme combines the company's offshore engineering expertise with Hitachi Energy's HVDC technology to support large-scale renewable power transmission in Europe.
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Published on: Jul 28, 2026, 2:52 PM IST
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