L&T’s power business bags orders worth Rs 1,080 cr

L&T’s power business bags orders worth Rs 1,080 cr

Larsen and Toubro (L&T) today said its power business has won orders worth Rs 1,080 crore in the domestic market.

“The business has received two orders from NTPC for setting up flue gas desulphurisation (FGD) systems at its supercritical thermal power plants at Khargone, Madhya Pradesh and Lara, Chhattisgarh,” L&T said in a BSE filing.

Installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by the Ministry of Environment, Forest and Climate Change, (MoEFCC) to curtail sulfur dioxide emissions, it added.

L&T said it has a long-term technical licence agreement with Chiyoda Corporation of Japan for FGD technology.

It said its power business through its joint venture companies has also won orders in the domestic and export markets for engineering services and supply of components. Read More

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