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.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )