L&T’s power business bags orders worth Rs 1,400 cr

NEW DELHI, Sept 27: Infrastructure major Larsen and Toubro (L&T) Thursday said its power business has bagged orders worth Rs 1,400 crore in the domestic market.
The two orders are for setting up flue gas desulphurisation (FGD) systems from NTPC at its Vindhyachal super thermal power plant in Madhya Pradesh and Darlipali super thermal power project in Odisha.
“Installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by Ministry of Environment, Forest and Climate Change (MoEFCC)…,” it said.
L&T is a multinational company engaged in technology, engineering, construction, manufacturing and financial services with over USD 18 billion in revenue. It operates in over 30 countries worldwide.
Shares of the company were trading 0.98 per cent down at Rs 1,319.65 apiece on BSE. (PTI)