L&T wins orders worth Rs6,500 crore from Jaiprakash Group
Moneylife Digital Team 02 August 2010

Larsen & Toubro Ltd (L&T) said it won orders, worth around Rs6,500 crore from Jaiprakash Power Ventures Ltd (JPVL) to set up mega power plant in Uttar Pradesh.

The scope of work includes supply, erection and commissioning of boiler-turbine generator package, critical piping, electrostatic precipitators (ESPs) and power plant automation for JPVL's 3x660 MW power plant being set up in Uttar Pradesh.

The plant will be commissioned in 60 months, with the first unit scheduled to start commercial production in 48 months. The contract for the Boiler Island has been given to L&T-MHI Boilers Pvt Ltd and the contract for another package comprising the steam turbine generator island, ESPs, critical piping and power plant automation system has been awarded to L&T.

On Monday, L&T shares gained 0.9% to Rs1,812 on the Bombay Stock Exchange, while the Sensex closed 1.2% higher at 18,081 points.

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