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MoneyWorks4Me

L&T's power business bags orders worth Rs 1,080 crore

09 Aug 2018 Evaluate

Larsen & Toubro’s (L&T) Power Business has won orders worth Rs 1,080 crore. The business has received two orders from NTPC for setting up Flue Gas Desulphurisation (FGD) systems at its supercritical thermal power plants at Khargone, Madhya Pradesh and Lara, Chhattisgarh.

The Power business of L&T, through its joint venture companies, has also won orders in the domestic and export markets for engineering services and supply of components.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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