Larsen and Toubro bags Rs.1,100 crore Gujarat deal
February 14th, 2011 - 3:36 pm ICT by IANSMumbai, Feb 14 (IANS) Engineering and construction major Larsen and Toubro Monday said it has bagged a Rs.1,100-crore order from the Gujarat State Electricity Corporation for setting up a 375 MW gas-based power plant in the state. “The engineering procurement and construction order was bagged by L&T under global competitive bidding against stiff competition from domestic and international power plant equipment manufacturers,” the company said in a regulatory filing.
“It will procure advance gas turbines and high-efficiency steam turbines for the plant from Siemens AG in Germany,” it added.
The project will be executed by the gas-based power projects business unit of Baroda-based L&T Power and will be commissioned during the next five-year plan.
The scope of the project includes design, detailed engineering, supply, installation and commissioning of the complete power plant on a turn key basis, the company said.
At the Bombay Stock Exchange, the shares of the company were up 5.21 percent at Rs.1,637.60.
- Larsen and Toubro bags order worth Rs.3,500 crore - May 16, 2011
- Lanco Infratech bags Rs.365.28 crore order in Iraq - Jun 21, 2011
- L&T bags Rs.1,449 crore order for a Chhattisgarh power plant - Oct 19, 2010
- L&T bags Rs.1,610-crore contract for power project - Sep 27, 2010
- L&T bags Rs.2,000-crore order from GMR - Sep 24, 2009
- Larsen and Toubro bags Rs.1,610 orders in Q1 - Jun 24, 2011
- BGR Energy lowest bidder for NTPC's mega tender - Sep 15, 2011
- L&T; bags Rs.1,450 crore contract from Gujarat - May 18, 2011
- L&T bags projects worth Rs.1,103 crore - Jan 03, 2011
- NTPC order will be met with local, imported machines: BGR - Sep 15, 2011
- L&T; bags orders worth Rs.2,700 crore - Dec 07, 2011
- Larson and Toubro bags Rs.1,600-cr contract - Nov 09, 2009
- L&T bags orders worth Rs.1,749 crore from state-run firms - Aug 05, 2010
- Reliance Power's Samalkot plant ready for commissioning - Feb 07, 2012
- L&T; clinches Rs.2,164-crore road development project - Dec 13, 2011
Tags: bombay stock exchange, business unit, competitive bidding, detailed engineering, electricity, feb 14, gas turbines, gujarat state, high efficiency, larsen and toubro, mw gas, power plant equipment, power projects, procurement, rs 1, scope, siemens ag, steam turbines, stiff competition, t power