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Japyee’s thermal power equipment to be ready by 2013: L&T

Japyee’s thermal power equipment to be ready by 2013: L&T
PTI
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First Published: Tue, Dec 07 2010. 01 31 PM IST
Updated: Tue, Dec 07 2010. 01 31 PM IST
New Delhi: Engineering major Larsen & Toubro on Tuesday said the first energy-efficient equipment manufactured by the company for Jaypee Group’s thermal power project would be commissioned in 2013.
“The first supercritical unit would be commissioned in 2013, it is the 660 MW unit of Jaypee Group’s thermal power project in Madhya Pradesh,” L&T chief executive officer and managing director Ravi Uppal told reporters here.
L&T currently manufactures power equipment that can generate 4,000 MW of electricity and would suitably enhance the capacity by building energy efficient and environment- friendly ultra supercritical machinery.
Jaypee Group is setting up a 1,500 MW coal fired thermal power plant at Bina in Madhya Pradesh.
“Right now our manufacturing capacity is 4,000 MW ...we would enhance it about 5,000-6,000 MW when we are reasonably sure about the demand,” Uppal said, adding ultra supercritical is part of our agenda...right now we are busy with supercritical.
The current order-book of the company stands at Rs30,000 crore spread over the next four-year.
“We have orders for 12,000 MW equipment...about Rs30,000 crore, we would be able to finish it by 2014,” he added.
On being asked about the delay in imposition of import duty on the power equipment, he said, “That is a very unfortunate development, we do not want any favour, we want a level playing field.”
“We have conveyed our views (on the import duty issue)... now the government has to take a call,” he further added.
Meanwhile, the company is also gearing up for the state- run NTPC’s next bulk tender to source power equipment, which is likely to open in March, 2011.
“Yes, we would participate in the tender...for boilers L&T Power (company’s subsidiary) and for turbine-generator package L&T,” he said.
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First Published: Tue, Dec 07 2010. 01 31 PM IST