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

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:09 AM IST

Engineering firm Larsen & Toubro (L&T) 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,Andhra Pradesh) the company 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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Shares of the company were trading at Rs 1,645.75, up 0.61 per cent on the BSE in morning trade.     

Earlier, L&T had set up a similar plant of 388.5 Mw for the GMR group at the same location that was commissioned in 2006.

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First Published: Sep 24 2009 | 11:20 AM IST

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