MoneyWorks4Me

L&T’s JV bags Rs 442 crore order for Nuclear Steam Generator Forgings

12 Mar 2018 Evaluate

Larsen & Toubro (L&T) and Nuclear Power Corporation of India’s Joint Venture (JV), L&T Special Steels and Heavy Forgings has received an order worth Rs 442 crore from Nuclear Power Corporation of India (NPCIL) to supply forgings for steam generators.

These forgings will be used in the manufacture of the critical equipment for six new indigenous 700 MWe Pressurised Heavy Water Reactors (PHWRs). This requirement is part of the Government of India’s ambitious plan to put up 10 PHWR units.

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
View more..