L&T JV bags Rs 4.42-bn order for supply of forgings for steam generators

Larsen & Toubro on Monday said its joint venture with Nuclear Power Corporation of India Ltd (NPCIL), had received Rs 4.42 billion order for supply of forgings for nuclear steam generators.

" L&T Special Steels and Heavy Forgings Pvt Ltd, a joint venture of Larsen & Toubro Ltd (L&T) and Nuclear Power Corporation of India Ltd (NPCIL), has received an order worth Rs 442 crore (4.42 billion) from NPCIL to supply forgings for steam generators," L&T said in a BSE filing.

These forgings will be used in the manufacturing of the critical equipment for six new indigenous pressurised heavy water reactors (PHWRs), it added.

Shares of L&T were trading 1.07 per cent higher at Rs 1,304 on BSE.