L&T Secures Ultra-Mega Framework Agreement with TenneT for 2 GW Offshore Wind Programme
L&T secured an 'Ultra-Mega' Framework Cooperation Agreement (FCA) with TenneT for a 2 GW offshore wind programme, valued over ₹15,000 crore. The agreement, signed on July 28, 2026, includes executing two ongoing projects and commencing two new projects in the Netherlands and Germany, totaling 8 GW transmission capacity.
The 'Ultra-Mega' classification of the order, coupled with its strategic importance in the offshore wind sector and its contribution to Europe's energy transition, suggests a high impact on L&T's revenue, market position, and future growth.
The announcement details a significant new order win for L&T, which is classified as 'Ultra-Mega', indicating a substantial positive development for the company's business prospects and its role in the renewable energy sector.
Larsen & Toubro Limited (L&T) has announced the successful conclusion of a Framework Cooperation Agreement (FCA) with TenneT for a 2 GW offshore wind programme. The agreement, signed on July 28, 2026, is with TenneT for their ambitious 2-GW HVDC programme and is designed to support the large-scale integration of offshore renewable energy and accelerate Europe's transition towards a sustainable energy future.
In consortium with Hitachi Energy, L&T will continue the execution of two ongoing projects – IJmuiden Ver Alpha and Nederwiek 1 – in the Netherlands. Additionally, the consortium will commence two new projects: Nederwiek 3 in the Netherlands and LanWin 5 in Germany. These projects collectively represent a transmission capacity of 8 GW operating at 525 kV, enabling the transfer of renewable energy from the North Sea to onshore power grids.
Under the scope of engineering, procurement, construction, and installation (EPCI), L&T will be responsible for the offshore converter platforms and associated infrastructure. Hitachi Energy will provide its HVDC Light® technology for efficient power conversion and transmission. This collaboration leverages L&T's offshore engineering and project execution expertise with Hitachi Energy's advanced power transmission capabilities, positioning the consortium to deliver reliable HVDC infrastructure to support Europe's renewable energy transition and decarbonisation goals.
L&T's Offshore Wind business vertical is supported by its engineering centres in India and Sharjah, UAE, strategic global partnerships, a robust supply chain, and world-class fabrication facilities in Kattupalli, India. The company classifies this framework agreement as 'Ultra-Mega', indicating a value greater than ₹15,000 crore.
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Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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