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L&T Group’s Nabha Power shuts down thermal power station at Rajpura

08 Jun 2018 Evaluate

Larsen & Toubro (L&T) Group firm Nabha Power (NPL) has been forced to shut a 700 megawatts (MW) unit of thermal power station at Rajpura in the state of Punjab. The company has shut down unit-2 of 700 MW due to disruption in the supply of coal rakes to the plant, as against the daily requirement of four rakes of domestic coal. The company has been receiving only one to two rakes per day in recent times.

NPL is a special purpose vehicle (SPV) of L&T Power Development, a wholly-owned subsidiary of L&T.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.

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