L&T wins over Rs 5,100 cr order from Madhya Pradesh utility

Tags: Companies
Infrastructure major Larsen & Toubro today said it has won Rs 5,100 crore order for setting up a 1,320 MW thermal power plant in Madhya Pradesh.

"Larsen & Toubro (L&T) has secured a turnkey order for setting up a 2x660 MW thermal power project on a complete Engineering-Procurement-Construction (EPC) basis from the state utility MP Power Generating Company Ltd," L&T said in a statement.

"Valued over Rs 5,100 crore, the project order covers design, engineering, manufacture, supply, erection and commissioning of two coal-fired thermal units of 660 MW each with supercritical (energy efficient and environment friendly) parameters," the statement said.

The project is located in the Khandwa district of Madhya Pradesh.

"The first unit of Stage-I of Shree Singaji thermal power project had recently gone commercial and was operating satisfactorily. The awarding of the Stage-II affirms L&T's credentials in EPC execution of power plants under critical schedules," Shailendra Roy, Whole-time Director (Power, Minerals & Metals) L&T said in the statement.

L&T has established joint ventures with Mitsubishi Hitachi Power Systems, Japan for manufacture of supercritical boilers and turbines at its complex in Hazira, Gujarat.

In the supercritical segment, L&T has also set up manufacturing capabilities in Hazira for power plant auxiliaries including high pressure piping, coal pulverisers, fans, air preheaters, feed-water heaters and condensers.

Shares of L&T were trading 0.65% up at Rs 1,599.40 on the BSE.

EDITORIAL OF THE DAY

  • India’s political space acts as a safety valve for maverick politicians and frustrated electorate

    While it is easy to be cynical about Indian democracy and its ways, the fact is that the vast political space that the system provides for in this cou

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Bangladesh no country for atheists

It’s a matter of pride to be a freethinker, atheist ...

Purnendu Ghosh

Silence makes you aware of yourself

Often, we don’t feel the necessity of making contact with ...

Shona Adhikari

Artistic focus on women's empowerment

The focus on the girl child remains an important one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture