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Thursday, June 24, 2010

L&T unit bags Rs 827 cr EPC contract

Engineering major, Larsen & Toubro (L&T), today, said its thermal power plant construction (TPPC) business unit has secured two engineering-procurement-construction (EPC) orders, aggregating to Rs 827 crore, from GVK Power and SEPCO-I, a wholly-owned subsidiary of the Chinese power utility, Shandong Electric Power Construction Corporation.
Valued at Rs 602 crore the order from GVK Power envisages the construction of electrical and mechanical balance-of-plant components (E&M BOP) at the 3x350 MW Gautami combined cycle power plant (CCPP) expansion project, at Samalkot in the East Godavari district of Andhra Pradesh. A power plant of 469 MW capacity is already operational at the site.
The contract would be executed by L&T, in consortium with South Korean firm, Hyundai Engineering and Construction. The other order from SEPCO-I, worth Rs 225 crore, is for the execution civil work package for Punjab State Electricity Board's 2x660 MW Talwandi Sabo power plant, being developed by Sterlite Energy Limited, on build-own-operate basis in the Bathinda district of Punjab.

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