BSECompany Update4d ago · 28 Jul 2026, 09:14 am

L&T Secures Framework Agreement (Ultra-Mega*) with TenneT for 2 GW Offshore Wind Programme

Larsen & Toubro Ltd · 500510

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Larsen & Toubro Ltd has secured a framework agreement with TenneT for a 2 GW offshore wind programme, marking a significant milestone in the company's international expansion and its commitment to sustainable energy infrastructure.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Larsen & Toubro Ltd - 500510 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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Larsen & Toubro Limited e LARSEN & TOUBRO Secretarial Department L&T House, Ballard Estate Narottam Morarjee Marg Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 Fax: +91 22 6752 5858 www.Larsentoubro.com Email: igrc@larsentoubro.com CIN:L99999MH1946PLC004768 SEC/2026 July 28, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jejeebhoy Towers, Exchange Plaza, 5th Floor Dalal Street, Plot No.C/1, G Block MUMBAI - 400 001 Bandra-Kurla Complex STOCK CODE: 500510 Bandra (E), Mumbai - 400 051 STOCK CODE: LT Dear Sirs, Re : L&T Secures Framework Agreement (Ultra-Mega*) with TenneT for 2 GW Offshore Wind Programme We enclose herewith a copy of Press Release that is being issued by the Company today, in connection with the above. We request you to take note of the same. Thanking you, Yours faithfully, for LARSEN & TOUBRO LIMITED SUBRAMANIAN NARAYAN COMPANY SECRETARY & COMPLIANCE OFFICER (ACS 16354) An /50 9001:2015 Certified Department LARSEN & TOUBRO www larsentoubro com L& T Press Release L&T House Ballard Estate, Mumbai 400 001 Tel: 91 22 6752 5656 Issued by Corporate Brand Management & Communications CIN: L99999MH1946PLC004768 L&T Secures Framework Agreement (Ultra-Mega*) with TenneT for 2 GW Offshore Wind Programme Mumbai, July 28, 2026: L&T announces the successful conclusion of the Framework Cooperation Agreement (FCA) for 2 GW offshore wind programme with TenneT. L&T, in consortium with Hitachi Energy, entered into FCA covering in principle six projects and future opportunities under TenneT’s ambitious 2-GW HVDC programme. The framework is designed to support large-scale integration of offshore renewable energy and accelerate Europe's transition towards a sustainable and decarbonised clean energy future. As part of the programme, the consortium will continue the execution of two ongoing projects – IJmuiden Ver Alpha and Nederwiek 1 – in the Netherlands. In addition, the consortium will commence two new projects, Nederwiek 3 in the Netherlands and LanWin 5 in Germany. Together, these projects represent a cumulative transmission capacity of 8 GW operating at 525 kV. The projects will enable the transfer of renewable energy generated in the Dutch and German sectors of the North Sea to the onshore power grids. Under the engineering, procurement, construction and installation scope, L&T will execute the offshore converter platforms and associated infrastructure, while Hitachi Energy will provide its HVDC Light® technology for efficient power conversion and transmission. Combining L&T’s offshore engineering and project execution expertise with Hitachi Energy’s advanced power transmission capabilities, the consortium is uniquely positioned to deliver reliable HVDC infrastructure that will accelerate Europe’s renewable energy transition and support its decarbonisation goals. L&T's Offshore Wind business vertical is backed by multidisciplinary engineering expertise through its engineering centre of excellence in India and Sharjah, UAE, strategic global partnerships, a robust supply chain ecosystem and world-class modular fabrication facilities in Kattupalli, India. These strengths enable the delivery of complex offshore structures to the highest standards of safety, quality and sustainability. This landmark programme further strengthens L&T’s international footprint and positions the company at the forefront of developing sustainable offshore energy infrastructure for a net-zero future. Background: Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies. With a strong impetus towards AI & technology, customer–focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades. *Order Classification Classification Significant Large Major Mega Ultra-Mega Value in ₹ Cr 1,000 to 2,500 2,500 to 5,000 5,000 to 10,000 10,000 to 15,000 >15,000 Media Contact: Sumeet Chatterjee Head - Corporate Brand Management & Communications sumeet.chatterjee@larsentoubro.com