Larsen and Toubro Secures $7.76bn Contract

17 May 2011 (Last Updated May 17th, 2011 18:30)

Larsen and Toubro (L&T) has secured a contract worth INR350bn ($7.76bn) from PPN Power Generating Company for the construction of a 1,080MW gas-based power plant in Tamil Nadu, India. The three units of 360MW each will be set up as an expansion project in the same location where PPN

Larsen and Toubro (L&T) has secured a contract worth INR350bn ($7.76bn) from PPN Power Generating Company for the construction of a 1,080MW gas-based power plant in Tamil Nadu, India.

The three units of 360MW each will be set up as an expansion project in the same location where PPN is presently operating a 330.5MW combined-cycle power plant.

Mitsubishi Heavy Industries of Japan will provide the advanced class gas turbines and high efficiency steam turbines to be installed in the plant.

L&T-Sargent and Lundy, a subsidiary of L&T, will be responsible for integration and detailed engineering of the plant, using the propriety technology of Sargent & Lundy, reports The Economic Times.