L&T Arm Secures Significant BESS Project in Bihar; Share Price Surges

Larsen & Toubro (L&T), a leading Indian multinational in EPC projects, has made a notable advancement in the clean energy sector. Its Renewables business vertical has received a significant order to construct a solar plant integrated with battery energy storage in Bihar’s Lakhisarai district, aligning with national goals for energy security and sustainability.

L&T Secures EPC Order for Integrated Renewable Storage

L&T Renewables Business has received an engineering, procurement and construction (EPC) order to develop a 116 MWac solar photovoltaic (PV) plant paired with a 241 MWh battery energy storage system (BESS) at Kajra, Lakhisarai. This marks an extension of an earlier phase and raises the site’s total co-located storage capacity to 495 MWh, the largest awarded by a state utility in India. The Order value ranges from ₹1,000 crore to ₹2,500 crore.

This advanced project is designed for energy time-shifting, where surplus solar power can be stored and delivered during peak demand periods. The BESS will feature liquid cooling technology, enhancing power density, operational life, and safety.

Strategic Alignment with Government Policy

The project supports the Government of India’s strategic push for co-located renewable energy systems. Additionally, it contributes to Bihar’s “Jal-Jeevan-Hariyali Abhiyan,” which promotes water conservation, green initiatives, and sustainable development. The initiative will also boost local employment and long-term energy reliability in the region.

Previously, L&T’s Renewables business had secured an EPC order for a 275 MW solar PV project in Gujarat, reinforcing its capabilities in delivering flexible and cost-efficient clean energy solutions.

Read More: L&T Secures ₹15,000 Crore Contract From a Client in the Middle East!

L&T Share Price Performance

As of August 4, 2025, at 1:31 PM, L&T share price is trading at ₹3,621.10 per share, reflecting a surge of 0.94%. Over the past month, the stock has surged by 0.74%.

Conclusion

With this latest project, L&T continues to reinforce its leadership in India's renewable energy transition. The integration of solar power with cutting-edge battery storage underlines the company’s commitment to sustainability, innovation, and regional development.

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