Overview
- L&T has won an ultra-mega contract valued at over Rs 15,000 crore from Adani Power to construct eight 800 MW thermal units, delivering 6,400 MW of new generation capacity.
- The scope encompasses full design, engineering, manufacturing, supply, and commissioning of boiler-turbine-generator packages along with mechanical, electrical, and control systems.
- L&T Energy CarbonLite Solutions, the company’s specialised vertical for advanced power and low-carbon technologies, will lead the execution of the project.
- L&T’s shares rose about 1.7% and Adani Power’s stock climbed roughly 3.5% following the announcement, reflecting positive investor sentiment.
- Meanwhile, L&T Renewables secured a 116 MW solar plant with 241 MWh of battery storage in Bihar, underscoring the firm’s parallel expansion in clean energy.