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

L&T said it has a long-term technical licence agreement with Chiyoda Corporation of Japan for FGD technology.


PTI Last Updated at 09-08-2018 11:30:15 IST India

Larsen and Toubro (L&T) today said its power business has won orders worth Rs 1,080 crore in the domestic market.

"The business has received two orders from NTPC for setting up flue gas desulphurization (FGD) systems at its supercritical thermal power plants at Khargone, Madhya Pradesh and Lara, Chhattisgarh," L&T said in a BSE filing.

Installation of FGD systems in existing and upcoming thermal power plants has been made mandatory by the Ministry of Environment, Forest, and Climate Change, (MoEFCC) to curtail sulfur dioxide emissions, it added.

L&T said it has a long-term technical license agreement with Chiyoda Corporation of Japan for FGD technology.

It said its power business through its joint venture companies has also won orders in the domestic and export markets for engineering services and supply of components.

Shares of the company were trading 0.33 percent higher at Rs 1,302 apiece on BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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