L&T Power secures US$ 587 million project in India
By Mike Hayes08 August 2016
Larsen & Toubro (L&T) Power has won the contract to supply three 660 MW steam generators to the thermal power plant at Ghatampur Tehsil in Uttar Pradesh, India.
L&T secured the 3,860 crore rupees (US$ 587 million) contract through its joint venture company L&T-MHPS Boilers Private Limted (LMB). The company is 51% owned by L&T India, with Hitachi Power Systems, Japan, owning the remaining 49%.
The LMB contract calls for the design, engineering, manufacture, supply, erection and commissioning of the generators for Neyveli Uttar Pradesh Power Limited.
Shailendra Roy, CEO and MD of L&T Power, said, "This is a prestigious order from NUPPL for supercritical steam generators, with state-of-the-art equipment meeting new emission norms. LMB will meet the project schedule with best endeavors and resources conforming to international quality standards."
According to its press release, the joint venture company has so far completed eight orders for pressure parts, pulverisers and engineering services in the Middle East, Africa and South East Asia, and has a further nine contracts underway in Japan and Indonesia.