After selling non-core assets in the past, engineering and construction company Larsen & Toubro (L&T) is focusing on areas such as hydrocarbon, renewable energy and power transmission in the energy sector. Subramanian Sarma, deputy managing director and president, energy, talks to Raghavendra Kamath about opportunities in the sector and shares his outlook. Excerpts:
West Asia is seeing a lot of renewable energy projects. Which segments are offering you the highest opportunities?
West Asia is undergoing a major transformation in its energy landscape. Several countries in the region are actively investing in renewables as part of their broader economic diversification and sustainability goals. The solar potential here is immense, and governments are moving decisively to capitalise on it