L&T looks to tap green business, more infra projects in West Asia

Over 30% of L&T's power order book is from green energy. It has also electrified 10% of Indian villages over the last decade and modernised systems in several towns

Larsen & Toubro (L&T) is looking to expand its power portfolio through a mix of overseas and government contracts in India. The global focus on green energy has brought opportunities for the company, while at the same time, high oil prices have increased the prospects of West Asian countries offering more infrastructure contracts.

More than 30 per cent of L&T’s current power order book is from green energy projects. The company’s distribution footprint includes electrification of about 10 per cent of villages in India over the last decade besides modernisation of systems across several towns. It is executing more than