L&T bags orders worth Rs.827 crore
By IANSTuesday, June 22, 2010
MUMBAI - Engineering and construction major Larsen and Turbro (L&T) Tuesday said its thermal power plant business unit has bagged two orders worth Rs.827 crore from GVK Power and the Chinese firm SEPCO for their power plant projects.
The order from GVK Power valued at Rs.602 crore is for construction, including certain electrical and mechanical balance of plant items, for the Gautami combined cycle power plant in Andhra Pradesh.
The SEPCO (Shandong Electric Power Corporation) order, worth Rs.225 crore, is for its civil works at Talwandi Sabo power plant by Sterlite Energy in Punjab.
The L&T script was trading 1.26 percent lower at Rs.1,813.25 at the Bombay Stock Exchange in noon trade.
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