Larsen & Toubro Secures Ultra-Mega Order with TenneT for 2 GW Offshore Wind Programme

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.  

Framework Covers Six Projects 

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.  

Programme To Deliver 8 GW Transmission Capacity 

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.  

Ultra-Mega Order Classification 

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.  

Consortium Responsibilities 

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.  

Offshore Engineering Capabilities 

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.  

Read More: Cipla Share Price Surges on Receiving USFDA Approval for Generic Advair Diskus! 

L&T Share Price Performance  

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. 

Conclusion 

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.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Turn insights into action - Open Free Demat Account with Angel One and start investing instantly.