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L&T bags contract for manufacture of cryostat for international fusion energy project

12 Sep 2012 Evaluate

L&T’s Heavy Engineering Division has bagged order for manufacture and installation of ITER’s Cryostat for the world’s largest experimental Thermo-nuclear fusion reactor, coming up in Cadarache, south of France.

L&T’s scope includes detailed engineering, procurement, manufacture and installation of the Cryostat. This large value order will be executed over a period of 8 years.

Recently, Larsen and Toubro Construction (L&T Construction), wholly owned subsidiary of Larsen and Toubro (L&T) won new orders valued over Rs 1,063 crore across various business segments during the month of August 2012.

Peers
Company Name CMP
Larsen & Toubro 3661.10
Kalpataru Projects 1434.00
NCC 122.75
Rail Vikas Nigam 190.75
KEC International 354.45
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