Agreement Details
- Framework Cooperation Agreement signed with TenneT covering in principle six projects and future opportunities under TenneT's 2-GW HVDC programme
- L&T is executing this project in consortium with Hitachi Energy
- The programme supports large-scale integration of offshore renewable energy and accelerates Europe's transition to sustainable clean energy
Project Scope and Capacity
- Cumulative transmission capacity: 8 GW operating at 525 kV
- Four confirmed projects: IJmuiden Ver Alpha and Nederwiek 1 (Netherlands, ongoing); Nederwijk 3 (Netherlands) and LanWin 5 (Germany, new)
- Projects enable transfer of renewable energy from Dutch and German North Sea sectors to onshore power grids
Execution Responsibilities
- L&T will execute offshore converter platforms and associated infrastructure under engineering, procurement, construction and installation scope
- Hitachi Energy will provide HVDC Light® technology for power conversion and transmission
Strategic Significance
- Strengthens L&T's international footprint in offshore energy infrastructure
- Positions company at forefront of sustainable offshore energy development for net-zero future
- Combines L&T's offshore engineering and project execution expertise with Hitachi's power transmission capabilities
L&T's Capabilities
- Offshore Wind business backed by multidisciplinary engineering expertise through centers in India and Sharjah, UAE
- Strategic global partnerships and robust supply chain ecosystem
- World-class modular fabrication facilities in Kattupalli, India
- Enables delivery of complex offshore structures with high standards of safety, quality and sustainability
Company Background
Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services operating across diverse domains and multiple geographies.
Order Classification
This agreement qualifies as Ultra-Mega under L&T's classification system (value exceeding ₹15,000 crore threshold).
Financial Impact
Financial impact not quantified in the disclosure, though the Ultra-Mega classification indicates significant value exceeding ₹15,000 crore.