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L&T starts delivery of $40-mn nuclear equipment to US: Report

27 Mar 2012 Evaluate

Larsen and Toubro (L&T) has reportedly initiated the delivery of $40 million worth of equipment used in nuclear reactors to the US. The company has reportedly said that the order size now seems small but there will be continuous requirement for the equipment.

The company’s discovery on the nuclear equipment supplies to the US has also marked the first indigenous development and delivery of heat exchanger tubes for steam generators used in nuclear power reactors by the Hyderabad-based Nuclear Fuel Complex (NFC), a unit of the department of atomic energy.

The company had placed Rs 45 crore worth of orders with NFC to develop and supply these heat exchangers for the nuclear reactors being built for the Nuclear Power Corporation of India (NPCIL) instead of importing the same.

Further, L&T has also received orders for supply of nuclear reactor equipment from Europe as well.

Peers
Company Name CMP
Larsen & Toubro 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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