 "L&T gains after bagging an order worth Rs 5,100 crore")
Engineering conglomerate L&T has gained over 1% to Rs 1610 on the BSE in the early morning trades after the company secured a turnkey order worth Rs 5,100 crore for setting up a 1320 MW supercritical thermal power plant project at Shree Sinaji TPP (Stage-II) on complete engineering-procurement construction basis from the state utility MP Power Genertaing Company Limited (MPPGCL)
The project order includes design, engineering, manufacture, supply, errection and commisioning of two coal-fired thermal units of 660 MW each with supercritical parameters.
The project plant is situated near village Dongalia in the Khandwa district of Madhya Pradesh.
Shares of L&T opened at Rs 1589.50, touched a high of Rs 1621 and a low of Rs 1583 on the BSE. A total of 34,932 shares have been exchanged on the BSE so far.