The new project will help improve L&T’s capacity\nutilisation, but the company’s orders from the private sector continue to\nremain muted.<\/p>\n\n\n\n
Larsen & Toubro (L&T) said on Monday it has won a\nproject for constructing a power plant in Bihar. The project is estimated to be\nworth more than Rs 7000 crore.<\/p>\n\n\n\n
\u201cThe power business of Larsen & Toubro has bagged a mega EPC (engineering, procurement and construction) order from SJVN Thermal Private to set up a 2×660 MW ultra-supercritical power plant in Buxar district, Bihar,\u201d the company said in a statement to the exchanges. <\/p>\n\n\n\n
SJVN Thermal is a wholly-owned subsidiary of SJVN, a\njoint venture of the central and Himachal Pradesh governments. The exact value\nof the order is unknown as the company has stopped disclosing the value of its\norder wins.<\/p>\n\n\n\n
L&T said he scope of work includes design, engineering, manufacture, procurement, supply, construction, erection, testing and commissioning the project on turnkey basis. Prime Minister Narendra Modi laid the foundation stone of the plant in March this year.<\/p>\n\n\n\n
\u201cKnowing the importance of this project for the state of Bihar, L&T shall aim to set new benchmarks in completion schedule, quality, safety and equipment\/system performance,\u201d said Shailendra Roy, chief executive officer and managing director for L&T Power and whole-time director for L&T.<\/p>\n\n\n\n
L&T\u2019S power segment has been struggling for the lack\nof orders in the last few years. The new project will help improve L&T\u2019s\ncapacity utilisation, but the company’s orders from the private sector continue\nto remain muted. Overall, as of March 2019, L&T had an order book of Rs\n2.93 trillion.<\/p>\n\n\n\n
About Larsen and\nToubro (L&T)<\/strong> The new project will help improve L&T’s capacity utilisation, but the company’s orders from the private sector continue to remain muted. Larsen & Toubro (L&T) said on Monday it has won a project for constructing a power plant in Bihar. The project is estimated to be worth more than Rs 7000 crore. \u201cThe power business […]<\/p>\n","protected":false},"author":13,"featured_media":2783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[105],"class_list":["post-2782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles","tag-bihar-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=2782"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2782\/revisions"}],"predecessor-version":[{"id":2785,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2782\/revisions\/2785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/2783"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=2782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=2782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=2782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nHeadquarters: Mumbai
\nFounders: Henning Holck-Larsen, S\u00f8ren Kristian Toubro<\/p>\n","protected":false},"excerpt":{"rendered":"