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Wednesday, September 23, 2009

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


Engineering firm Larsen & Toubro today 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.

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