L&T wins order for Nuclear Power Projects

September 30th, 2009 NEW DELHI - India's top construction and engineering firm Larsen and Toubro (L and T) has said it planned to invest 500 million dollars to build nuclear reactors, hoping to tap Indian orders for power projects. Talking to reporters here on Tuesday L and T chairman and manging director A.M.

September 29th, 2009 NEW DELHI - Engineering and Construction major Larsen & Toubro Tuesday said it can build nuclear power plants with generating capacity of 3,000-4,000 MW a year. L&T chairman and manging director A.M.

September 11th, 2009 NEW DELHI - With private companies barred from the country's atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday. We are going in for public partnership.

September 11th, 2009 NEW DELHI - With private companies barred from the country's atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday. "We are going in for public partnership.

July 30th, 2009 NEW DELHI - The government has accorded approval for setting up nuclear power plants in Gujarat and Rajasthan with a combined generating capacity of 2,800 MW, parliament was informed Thursday. The plants will be located at Kakrapar in Gujarat and Rawatbhata in Rajasthan and will each have two units of 700 MW each, Minister of State for Science and Technology and Earth Sciences Prithviraj Chavan said in a written reply in the Rajya Sabha.

July 23rd, 2009 SHIMLA - Mumbai-based ship building major ABG Shipyard Ltd has been allotted three hydroelectric projects in Himachal Pradesh after global bidding, an official said Thursday. "The government has allotted three out of five major hydropower projects to ABG Shipyard Ltd of Mumbai.

June 24th, 2009 BANGALORE - Power and automation technology major ABB has bagged orders worth Rs.220 crore from Tata Projects to provide power solutions for a super-critical coal-fired power plant in Andhra Pradesh, the company said Wednesday. The 2x800 MW Krishnapatnam thermal power plant will deploy super-critical technology to ensure more efficient power generation and lower carbon dioxide emissions, ABB said in a regulatory statement.

June 3rd, 2009 KATHMANDU - Hyderabad-based PES Engineers has become the fourth Indian company to enter Nepal's hydropower sector, bagging the survey licence for a 110-MW project in remote Kalikot district. The 28-year-old company with an asset base of Rs.27.8 crore (Rs.278 million/$5.9 million) and specialisation in hydro-electric, thermal and nuclear plants has been given the nod to develop the Phulkot Karnali power project on the Karnali river.

May 21st, 2009 NEW DELHI - Reliance Power, an energy generation firm in the Anil Ambani group, has signed pacts with the Arunachal Pradesh government for four hydro-electric power projects in state with a combined capacity of 2,520 MW. 'We won the projects through the competitive bidding process of the Arunachal Pradesh government.

May 12th, 2009 AHMEDABAD - Gas marketing major Gail India is planning to establish a series of wind power projects in Gujarat during the current fiscal, a senior official said Tuesday. 'The company has invited bids for setting up wind power projects of 4.5 to 5 MW capacity each on a turn-key basis.

April 15th, 2009 MUMBAI - Indian diversified conglomerate Larsen and Toubro (L&T) has further expanded its footprint in the nuclear power space, signing a pact with a Russian nuclear energy major to design and develop reactors for the Indian market, including four at Kudankulam in Tamil Nadu. L&T had earlier signed similar pacts with Westinghouse Electric of the US and Atomic Energy of Canada.

March 30th, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has bagged a Rs.345 crore ($67.5 million) order from the Nuclear Power Corp of India (NPCI) for supply of four steam generators, it was announced Monday. The steam generators are critical and long lead equipment which will be supplied to the Kakrapar Atomic Power Project-3 and 4, L&T said in a statement.

February 13th, 2009 NEW DELHI - The country's leading power producer NTPC Ltd Saturday signed a memorandum of understanding (MoU) with Nuclear Power Corp of India Ltd (NPCIL) to jointly produce nuclear power plants. As per the proposal, the power majors will set up a joint venture company in which NPCIL will hold 51 percent stake and NTPC will own the rest, a government statement said.

January 15th, 2009 MUMBAI - Engineering and construction major Larsen and Toubro (L&T) has signed an agreement with the US-based Westinghouse Electric to build nuclear power reactors, the company said Friday. In a regulatory statement, L&T said the pact would enable the two companies 'utilise indigenous capabilities for the turnkey construction of nuclear power plants including supply of reactor equipment and systems.' Westinghouse technology is in use in over 40 percent of operating nuclear power plants globally, the statement added.

January 11th, 2009 NEW DELHI - India will have to invest Rs.1.5 trillion in nuclear power plants if it is to meet an ambitious target of generating 63,000 mega watts (MW) from nuclear power by the year 2020, a leading parliamentarian said Monday. 'India would require Rs.1.5 lakh crore (Rs.1.5 trillion) if we are to meet the target of generating 63,000 MW using nuclear power.