Larsen & Toubro(L&T) on Tuesday announced that the renewable EPC arm of the company’s Power Transmission & Distribution business has been chosen as the turnkey EPC contractor to establish a 1800MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates.
The project, it added, is the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, Dubai, United Arab Emirates. This plant will reduce around 2.4 million tonnes of carbon emissions annually.
“Spread over 20 Square kilometers, the project will become operational in three phases. In addition to the Photovoltaic plant, the scope includes related evacuation and interconnection arrangements including two Gas Insulated Substations, high voltage underground cabling and medium voltage distribution networks,” the company said in a regulatory filing.
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed the Power Purchase Agreement with Dubai Electricity and Water Authority (DEWA) to develop the project. DEWA will retain a 60 per cent stake in the project and be the sole off-taker of the power generated from the plant.
The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world based on the Independent Power Producer (IPP) model. It has a planned production capacity of 5,000 MW by 2030 and when completed, it will save over 6.5 million tons of carbon emissions annually. The Solar Park is a crucial component in both the Dubai Clean Energy Strategy 2050 and DEWA’s strategic initiative for Net Zero emissions by 2050.
T Madhava Das, Whole-Time Director & Sr. Executive Vice President (Utilities), Larsen & Toubro, said, “We thank Masdar and DEWA, who are our long standing customers, for their support in this project. We are committed to bringing in our innovative renewable energy solutions and project management expertise to speed up energy transition in the region which is pursuing economic development combined with sustainable practices.”
According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore, large orders are worth Rs 2500 crore- Rs 5000 crore, major orders are in the range of Rs 5000 crore- Rs 7000 crore and mega orders are worth above Rs 7000 crore.
L&T is a multinational company engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide.