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The latest update is out from Larsen & Toubro Limited ( (IN:LT) ).
Larsen & Toubro Limited has signed a Memorandum of Understanding with ACWA Power to collaborate on the Renewables & Grid scope of the Yanbu Green Hydrogen Hub in Saudi Arabia. This project aims to establish a fully integrated facility powered by solar and wind energy, including solar PV, wind, and battery energy storage systems. The collaboration highlights L&T’s commitment to advancing renewable energy technologies and supporting global decarbonization efforts, aligning with Saudi Arabia’s strategic vision for clean energy and industrial decarbonization.
More about Larsen & Toubro Limited
Larsen & Toubro Limited (L&T) is a major player in the engineering and construction industry, known for its expertise in engineering, procurement, and construction (EPC) services. The company is involved in a wide array of sectors, including infrastructure, power, and renewables, with a focus on delivering high-quality and sustainable solutions.
Average Trading Volume: 117,706
Technical Sentiment Signal: Strong Buy
Current Market Cap: 5056.2B INR
See more insights into LT stock on TipRanks’ Stock Analysis page.