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ITC’s shares have fallen sharply, by around 4 percent at closing, as news broke that a major shareholder BAT plans to sell part of its stake in the company. What are the issues at stake?
Larsen & Toubro has secured large orders in India and the Middle East for its power transmission and distribution business, including a 75 MW floating solar photovoltaic plant in Jharkhand and West Bengal.
The multiple orders were bagged by the power transmission and distribution business of Larsen & Toubro (L&T), the company said in a filing to BSE.
The focus on energy transition and sustainability in recent years has meant that global investors have been hesitant to put money in coal-fired power units. and preferring renewable energy units
Larsen and Toubro said that they have made a counterclaim of Rs 500 crore against the Public Works Department (PWD).