The renewables arm of Larsen & Toubro’s Power transmission and distribution business has bagged a turnkey EPC (engineering, procurement and construction) contract from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair solar PV project of 1.5GW capacity.
This project is considered the largest solar plant in Saudi Arabia with PPA signed and is estimated to be between ₹5000-7000 crore in value.
The project is coming up in Riyadh province has a 30.8 square kilometre land parcel available to install a total capacity of 1.5GW PV Solar modules with associated single axial tracker and inverters.
