L&T Power wins Rs 3,860-crore order from Neyveli UP Power

L&T Power has won a contract worth Rs 3,860 crore from Neyveli Uttar Pradesh Power Ltd.

"The power business of Larsen & Toubro (L&T) through its joint venture company L&T-MHPS Boilers Pvt Ltd has secured order of Rs 3,860 crore from Neyveli Uttar Pradesh Power Ltd (NUPPL)," the L&T said in a release.

The contract includes design, engineering, manufacture, supply, erection and commissioning of 3x660 MW Ghatampur Thermal Power Project - steam generator and auxiliaries package for NUPPL at Ghatampur, Uttar Pradesh.

L&T-MHPS Boilers Private Limited is a 51:49 joint venture between L&T India and Mitsubishi Hitachi Power Systems (MHPS), Japan.

"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," said Shailendra Roy, CEO and Managing Director, L&T Power.

The subsidiary power company is currently into execution of nine units of steam generator packages for similar large capacity steam generators (660 MW) in the country totalling 5940 MW.

Besides, the company has already achieved commercial operation of six supercritical units of 660-700 MW.

"LMB is also executing nine export orders for supply of pulverisers and pressure parts for various MHPS projects in Japan and Indonesia. It has already executed eight MHPS export orders with the supply of pressure parts, pulverisers and engineering services to Middle East, Africa and South East Asia," the company said.

L&T stock traded 0.51% down at Rs 1,496.50 on the BSE.