Larsen & Toubro Targets $1.3 Billion of Nuclear Orders a Year

Larsen & Toubro Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500510 | NSE: LT

10 Dec 2009 Evaluate

Larsen & Toubro Ltd., India’s largest engineering company, aims to win 60 billion rupees ($1.3 billion) of orders a year building nuclear reactors by 2015 as a global shift to cleaner energy spurs demand for atomic plants. The first orders for the foreign reactors will start coming in 2011, according to M.V. Kotwal, Larsen’s senior vice president. L&T has capabilities to cater to the needs for critical equipment for Russian, French or American technologies.

Atomic energy companies led by Areva SA and GE Hitachi Nuclear Energy are flocking to India after a three-decade global ban on nuclear trade was lifted last year. Global spending on new reactors may reach as much as $1.05 trillion by 2030, according to management consultants Capgemini, as fossil-fuel generators are retired and governments seek carbon-emission cuts.

Larsen has the capacity to build four nuclear reactors of about 1,000 megawatts each at a time and can increase capability as it secures orders. L&T has signed preliminary agreements with Wilmington, North Carolina-based GE Hitachi, Monroeville, Pennsylvania-based Westinghouse Electric Co., a subsidiary of Tokyo’s Toshiba Corp., and Atomic Energy of Canada Ltd., based in Mississauga, this year.

L&T has formed a joint venture with state-owned Nuclear Power Corp. of India for a forging plant to produce components for energy projects, including atomic power plants. India plans to increase its nuclear power generation capacity 10-fold to 40,000 megawatts by 2020 and has identified two sites for U.S. companies to build plants and one for Paris- based Areva, the world’s biggest maker of nuclear reactors. Fifty plants are being built worldwide, almost double the number under construction in 2004, according to the association in London.

crack crack

Larsen & Toubro Share Price

4012.65 -83.10 (-2.03%)

30-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4012.65
Rail Vikas Nigam	297.65
NCC	163.60
KEC International	560.70
Kalpataru Projects	1248.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.