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L&T secures over Rs 15,000 crore thermal power plant order from NTPC
Power Generation - Nov 13,2024 -Engineering and construction giant L&T has been awarded a significant contract by NTPC, the country's leading power utility. The project, valued at over Rs 15,000 crore, is for the construction of a thermal power plant. This deal strengthens L&T's position in the power sector and marks a major milestone in its engineering and project execution capabilities.
The order involves the supply and installation of critical equipment and systems, along with the commissioning of the plant. L&T’s scope of work includes setting up the power generation units, handling the electrical and mechanical work, and integrating advanced technology to ensure operational efficiency.
This latest win underscores L&T’s long-standing expertise in executing large-scale power projects and reinforces its reputation as a key player in the energy infrastructure sector. The company has previously collaborated with NTPC on several major projects, and this new contract is expected to further solidify their partnership.
The project aligns with the ongoing efforts by the government and energy providers to expand power generation capacity and meet the rising energy demands of the country. It is also expected to create a substantial number of jobs, both directly and indirectly, contributing to local economies.
L&T’s ability to secure such large-value contracts highlights its competitive edge in the market, driven by its robust technical and project management capabilities. The completion of the thermal power plant is expected to contribute significantly to the nation's power infrastructure.
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