November 29, 2022

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Larsen’s Heavy Construction Business Bags Significant Order From Geenko

Larsen’s Heavy Construction Business Bags Significant Order From Geenko

Construction heavyweight Larsen & Toubro on Thursday said that its heavy civil infrastructure business has secured an order from Greenko Group to develop an off-stream pumped storage project in Madhya Pradesh.

The civil and hydromechanical works of the project will be executed through a consortium led by Larsen & Toubro under a stringent timeline of 30 months.

The company said that upon completion, the project would be one of the most significant clean energy projects of its kind in India.

“Securing this pumped storage system order reiterates Larsen & Toubro’s commitment to bolster India’s clean energy sector and a step forward towards the country’s goal of being Carbon Neutral,” said the company.

Greenko group is one of the world’s leading renewable energy companies.

Pumped hydro storage plants store energy using a system of two interconnected reservoirs and have assumed immense significance today, given the increased adoption of inherent variability. 

Water is pumped to the upper reservoir in times of surplus energy. In times of excess demand, water from the upper reservoir is released, generating power with an overall cycle efficiency of 80 per cent or more.

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