Mumbai: Engineering and construction major Larsen & Toubro (L&T) on Tuesday said that its infrastructure arm has bagged a contract worth Rs844 crore from Nuclear Power Corporation of India Ltd (NPCIL) for construction related works at the Kakrapar Atomic Power Project in Gujarat.
L&T Infrastructure Operating Company, a part of company’s construction division, has secured contract for construction of buildings for reactors at atomic power project from NPCIL, L&T said in a filing to the Bombay Stock Exchange (BSE).
“This is country’s first 700 MW pressurised heavy water reactor plant being developed by NPCIL and the company is proud to be associated with this prestigious project,” L&T president (construction) K.V. Rangaswami said.
The scope of work includes construction of reactor building, waste management building and structural steel works. The project is to be completed in 49 months, the filing added.
Shares of L&T were trading at Rs1,649 on BSE, up 0.69% from its previous close.