Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusiness

Larsen & Toubro wins Rs 747 cr contract from NPCIL

"The heavy engineering arm of Larsen & Toubro has received orders worth Rs 747 crore from NPCIL to supply steam generators and end shields for its indigenously designed 700 MWe Pressurised Heavy Water Reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana," L&T said in a statement.

March 27, 2018 / 03:53 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Engineering and construction major Larsen & Toubro (L&T) today said it has won a Rs 747-crore order from Nuclear Power Corporation of India Ltd (NPCIL) to supply steam generators.

"The heavy engineering arm of Larsen & Toubro has received orders worth Rs 747 crore from NPCIL to supply steam generators and end shields for its indigenously designed 700 MWe Pressurised Heavy Water Reactors (PHWR) to be set up at Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in Fatehabad district of Haryana," L&T said in a statement.

These steam generators and end shields will be manufactured at L&T's integrated, state-of-the-art Hazira manufacturing complex in Gujarat, which is one of the largest of its kind in South Asia, it said.

Steam generator is a critical equipment of the nuclear power facility that generates steam by using heat produced in a reactor core, while end shield is used to prevent the direct radiation coming out from a reactor core.

Commenting on the order, Shailendra Roy, Whole-Time Director (Power, Heavy Engg & Nuclear), L&T, said, "India's nuclear power programme is designed to provide a safe, environmentally clean and economically viable source of electrical energy. As a pioneer equipment supplier to the nuclear power segment, L&T is committed to contributing to the accelerated development of Indian nuclear power programme."

These orders are in addition to the recent orders worth Rs 442 crore received by L&T Special Steel & Heavy Forgings for supply of forgings for steam generators.

So far, the firm has delivered 51 steam generators and 36 end shields for Indian PHW Reactors (PHWR) & Fast Breeder Reactors (FBR).

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 17 billion in revenue.

PTI
first published: Mar 27, 2018 03:38 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347