Larsen & Tourbo receives contract for Kadunkulam Nuclear Power Project | Business Upturn

Larsen & Tourbo receives contract for Kadunkulam Nuclear Power Project

Infrastructure company Larsen & Toubro (L&T) on Thursday, 18th February said its construction arm has received a contract valued at Rs 2,500 crore for building two units of Kudankulam Nuclear Power Project.

“The construction arm of L&T has secured a significant order in the nuclear sector from Nuclear Power Corporation of India Ltd (NPCIL) for its heavy civil infrastructure business in India to construct the main plant civil works of the Kudankulam 5 and 6 units,” L&T said in a regulatory filing.

The company did not provide the price of the contracts but said the orders fall under the “significant” category, which ranges from Rs 1,000 crore to Rs 2,500 crore according to the ranking of contracts.

The Kudankulam Nuclear Power Plant, located in Tamil Nadu, is the largest nuclear power station and India’s first light water reactor of 6 units with a generation capacity of 1000 MWe each.

L&T said the extent of work includes the construction of the reactor building, reactor auxiliary building, turbine building, diesel generator building and other safety-related structures in a duration of 64 Months.

L&T is currently also executing similar works of Kudankulam 3 and 4 units in the same area.

Shares of L&T were trading 0.28% lower at Rs 1,544 apiece on the BSE.