Larsen & Toubro bags Rs 1,885 cr order from NTPC

Infrastructure major Larsen & Toubro (L&T) today said it has bagged a Rs 1,885 crore contract from NTPC for setting up steam generators for Tanda Thermal Power Plant in Uttar Pradesh.

"L&T through its joint venture company L&T-MHPS Boilers Private Limited (LMB) has secured an order worth Rs 1,885 crore from NTPC. The contract includes setting up of two units of 660 MW each supercritical steam generators for Tanda Thermal Power Plant Stage-II on an engineering, procurement and construction basis," the company said in a statement.

LMB's scope includes design, engineering, supply, construction, erection, testing, commissioning and conducting performance guarantee of two coal-fired steam generator units with supercritical parameters.

The project site is located on the banks of the Tanda canal near Bahadurpur village in the Ambedkar Nagar district of Uttar Pradesh.

LMB is currently executing 11 units of similar large capacity steam generators (660/700 MW) in India totaling 7340 MW. LMB also caters to markets in countries like Taiwan, Egypt, Saudi Arabia and the Philippines for engineering services and supply of pressure parts and pulverisers.

Shares of the company closed at Rs 1,578.85 apiece on the BSE, down 1.10 per cent from previous close.