L&T bags Rs 3,500-cr order from PPN Power

The order from an Apollo group company envisages setting up a 3x360MW gas-based power plant at Nagapattinam district of Tamil Nadu

Turnkey engineering major Larsen and Toubro (L&T) has bagged an order worth Rs3,500 crore from the Chennai-based PPN Power Generating Company to set up a gas-based power plant in Tamil Nadu.

The order from an Apollo group company envisages setting up a 3x360MW gas-based power plant at Nagapattinam district of Tamil Nadu. The three new units will come up as an expansion project in the same location where PPN Power Generating Company has been operating a 330.5-MW combined cycle power plant since the year 2001.

L&T's scope of work includes design, detailed engineering, supply, installation and commissioning of the complete power plant on a turnkey basis.

The plant will incorporate advanced class gas turbines and high efficiency steam turbines from Mitsubishi Heavy Industries of Japan, which will be procured by L&T.

L&T ended down 0.83% at Rs1,516.05 on the Bombay Stock Exchange, while the benchmark Sensex settled at 18,345.

User

COMMENTS

Rameshkumar

6 years ago

We will complete this project within time & stands the name L&T Power Ltd

Japan’s machinery orders unexpectedly rose in March

Factory orders rose 2.9% in March from February, when they dropped a revised 1.9%, the Cabinet Office said in Tokyo

Read Article...

User

Oil slump vindicates Fed doves

A sharp retreat in oil prices has lent fresh credibility to Federal Reserve officials' predictions that the spike in energy and commodity prices would be a passing phenomenon  

Read Article...

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)