L&T's largest-ever contract to boost its renewable energy push

Business Oct 30, 2025

Larsen & Toubro (L&T) just scored its largest contract ever—over ₹30,000 crore—to help build offshore wind power projects for Dutch company TenneT along the coasts of the Netherlands and Germany.
This is a huge step for L&T, giving them a real foothold in Europe's fast-growing renewable energy scene.

L&T steps in after Petrofac's bankruptcy

L&T will handle the engineering and construction of high-voltage stations that connect wind energy to the European grid, stepping in after British firm Petrofac went bankrupt.
Experts say this could open up a ₹300-350 billion market over 5-6 years and make L&T a major global player as Europe pushes hard toward clean energy.