L&T begins 300 MW solar plant construction
Energy

L&T begins 300 MW solar plant construction

Awarded by Saudi Arabia’'s Renewable Energy Project Development Office to the consortium under design, finance, build and operate mode, the project has now attained financial closure

  • By ICN Bureau | April 13, 2021

The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured the go-ahead to begin constructing the 300 MW Jeddah Solar PV Power Plant.

The turnkey EPC order has been received from the consortium of Masdar, EDF Renewables and Nesma Company. Awarded by Saudi Arabia’'s Renewable Energy Project Development Office (REPDO) to the consortium under design, finance, build and operate mode, the project has now attained financial closure after the signing of the power purchase agreement and thereby the notice to Larsen & Toubro (L&T) to proceed with the construction.

The project is in Third Jeddah Industrial City, 50 km south-east of Jeddah will utilize technologies including bifacial modules, single axial trackers, string inverters and robots for module cleaning.

Commenting on the development, T. Madhava Das, Whole-Time Director & Senior Executive Vice President (Utilities), L&T said, “We are thankful and happy to be a part of establishing major solar projects awarded under the umbrella of Saudi Arabia’s pioneering National Renewable Energy Programme (NREP) marking yet another milestone in our green technology path to enable clean energy transition."

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization