L&T Power grabs export orders through JVs

Larsen & Toubro’s power unit has grabbed 71.3 million USD export orders from Mitsubishi Hitachi Power Systems Limited (MHPS). L&T has secured orders through its joint ventures L&T-MHPS Boilers Private Limited (LMB) & L&T-MHPS Turbine Generators Private Limited (LMTG).

Out of the two, LMB, a manufacturer of pressure parts and coal pulverisers for super critical steam generators, will provide pressure parts for 2*1000 MW power plant in Indonesia which would include header, panel, coils and piping. LMB is busy with export orders for supply of pulverisers and pressure parts for MHPS projects.

LMTG, does designing, manufacturing and supervision of supercritical /ultra-supercritical turbines and generators. It has received contract to supply turbines for 2*1000 MW plant. 800 MW steam turbine will be manufactured in India.
Subsequently, the 1000 MW supercritical steam turbine order will be executed. 

L&T is a conglomerate engaged in technology, engineering, construction, manufacturing and financial services. It operates through various segments including infra, power generation, electrical and automation, realty and IT. The stock of L&T is trading flat at Rs 1565.