L&T bags Rs 4,000-cr Jaiprakash power plant order

by khalid on 14/08/2009 · 0 comments

L&T

Larsen & Toubro Ltd (L&T) on 12/08/09 signed a Rs 4,000-crore agreement to supply power equipment to Jaiprakash Power Ventures (JPVL), a unit of Jaiprakash Associates Ltd.

L&T will source the super critical units boiler and steam turbine generator for the 1,320 MW thermal power project of JPVL coming up in Nigrie, Madhya Pradesh, from its joint ventures with Mitsubishi Heavy Industries (MHI).

This was the L&T-Mitsubishi combine’s second major order, after the Rs 1,557-crore order for super critical steam turbine and generator from Andhra Pradesh Power Generation Corporation Ltd for the 1,600 MW Krishnapatnam project bagged in July last year.

“By the end of the current Five-Year Plan, we plan to add 2000 MW of power capacity, as a mix of hydro and thermal,” said Gaur. According to Suren Jain, Managing Director, JVPL, while the first unit of this plant would be commissioned by April 2013, the second unit should be ready by September the same year. The project, upon completion, would generate about 9,629 million units of electricity annually.

Source : Sify Finance

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