L&T bags Rs.15.57-bn order from Andhra Power
Larsen and Toubro bags a Rs. 15.57 billion order from Andhra Pradesh Power Development Co. for supplying turbine generator.business Updated: Jun 30, 2008 13:44 IST
Engineering and construction major Larsen and Toubro (L&T) has bagged a Rs.15.57-billion order from Andhra Pradesh Power Development Co.
Announcing this in Mumbai on Monday, the company said it would supply a steam turbine generator package to Andhra Power's Sri Damodram Sanjeevaiah thermal power station at Krishnapatnam.
The country's first steam turbine generator package, to be based on super-critical technology, will be developed by a joint venture firm floated last Novermber by L&T and Japan's Mitsubishi Heavy Industries.
The L&T-Mitsubishi joint venture, set up specifically to manufacture super-critical steam turbines and generators, is now focusing on setting up a manufacturing facility at Hazira in Gujarat.
The two firms have formed another joint venture to manufacture super-critical boilers in order to enter the coal-based thermal power sector.
Both joint ventures will enable L&T to design and construct power plants.