Larsen & Toubro (L&T) has received two EPC (Engineering, Procurement and Construction) orders valued at around $480 million for setting up dual fuel-fired gas based combined cycle power plants in Bangladesh. One order of approximately $280 million has been received from Marubeni Corporation, Japan, for setting up a 360 MW Bheramara Combined Cycle Power Plant Development Project of North West Power Generation Company (NWPGCL) in Bangladesh.
Another order of approximately $200 million has been received from Bangladesh Power Development Board for setting up a 225 MW Sikalbaha Combined Cycle Power Plant near the port city of Chittagong in Bangladesh. It was bagged against international competition from European, Chinese and Korean EPC companies. The plant will incorporate state-of-the-art gas turbines and steam turbines from Siemens AG, Germany and other steam turbine manufacturers, which will be procured by L&T.
L&T’s scope includes design, detailed engineering, supply, installation and commissioning of the complete power plants on a turnkey basis. L&T-Sargent and Lundy, a subsidiary of L&T, will carry out the plant integration and detailed engineering, using propriety technology of Sargent & Lundy LLC, USA.
L&T has executed several large gas-based power projects on EPC basis in the past for government utilities and independent power producers in India and abroad and has recently commissioned a 375 MW Gas Based Combined Cycle Power Plant with a Single Shaft advanced class Siemens gas turbine and steam turbine for the Gujarat State Electricity Generation Corporation at Dhuvaran.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3639.85 |
| Rail Vikas Nigam | 287.20 |
| KEC International | 735.00 |
| Kalpataru Projects | 1188.70 |
| NCC | 247.35 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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