Active Stocks
Tue Apr 16 2024 15:14:40
  1. Tata Steel share price
  2. 160.15 -0.47%
  1. Infosys share price
  2. 1,414.55 -3.66%
  1. NTPC share price
  2. 359.65 -0.47%
  1. State Bank Of India share price
  2. 752.80 -0.54%
  1. HDFC Bank share price
  2. 1,510.10 1.01%
Business News/ Companies / L&T bags Rs3,500 cr order from PPN Power Generating Company
BackBack

L&T bags Rs3,500 cr order from PPN Power Generating Company

L&T bags Rs3,500 cr order from PPN Power Generating Company

Premium

New Delhi: Larsen and Toubro (L&T) on Monday said it has bagged an order worth Rs3,500 crore from Chennai-based PPN Power Generating Company Limited to set up a gas-based power plant in Tamil Nadu.

“Larsen & Toubro (L&T) has received an order valued at over Rs3,500 crore from PPN Power Generating Company Limited, promoted by the Apollo Group, for setting up a 3x360 MW gas-based power plant at Nagapattinam District of Tamil Nadu state," an official statement said.

The three new units will come up as an expansion project in the same location where PPN Power Generating Company Limited has been operating a 330.5 MW combined cycle power plant since the year 2001, it said.

L&T’s scope of work includes design, detailed engineering, supply, installation and commissioning of the complete power plant on a turnkey basis.

The plant will incorporate advanced class gas turbines and high efficiency steam turbines from Mitsubishi Heavy Industries of Japan, which will be procured by L&T.

L&T-Sargent and Lundy, a subsidiary of L&T, will carry out the plant integration and detailed engineering, using the propriety technology of Sargent & Lundy LLC, USA.

L&T will design and manufacture critical equipment for the plant, like the heat recovery steam generator, de-aerator, condenser, cooling tower, switchgear and valves.

Project management, construction, installation and commissioning will also be carried out by L&T.

This project will be executed by the gas-based power projects business unit of L&T Power, based in Baroda.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 16 May 2011, 05:15 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App