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L&T bags Rs 2,000 cr order from GMR group

Engineering firm Larsen & Toubro on Thursday said it has received an order worth over Rs 2,000 crore from GMR Energy for setting up a gas-based power plant in Andhra Pradesh.



Mumbai: Engineering firm Larsen & Toubro
on Thursday said it has received an order worth over Rs 2,000 crore
from GMR Energy for setting up a gas-based power plant in
Andhra Pradesh.

Under the scope of the order, L&T would set up the
gas-based power plant at Vemagiri, near Rajamundry in Andhra
Pradesh, Larsen & Toubro said in a filing to the Bombay Stock
Exchange.

The project is expected to be completed in the 11th plan.

L&T`s subsidiary L&T-Sargent and Lundy would carry out
the plant integration and detailed engineering.

The construction, installation, commissioning and project
management would be done by L&T.

As part of the order, L&T would design and manufacture
critical equipment for the plant like heat recovery steam
generators, switchgear and cooling towers among other things.

Shares of the company were trading at Rs 1,645.75, up
0.61 per cent on the BSE in morning trade.

Earlier, L&T had set up a similar plant of 388.5 MW for
the GMR group at the same location that was commissioned in
2006.

Bureau Report

From Zee News

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