Infrastructure firm Larsen & Toubro (L&T) on Thursday mentioned its building arm has bagged a contract value as much as Rs 2,500 crore for constructing two models 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 mentioned in a regulatory submitting.
The firm didn’t present the worth of the contracts however mentioned the orders fall below the “significant” class, which ranges between Rs 1,000 crore and Rs 2,500 crore, based on the classification of contracts.
The Kudankulam Nuclear Power Plant, positioned in Tamil Nadu, is India’s first mild water reactor of 6 models with a technology capability of 1,000 MWe every.
L&T mentioned the scope of labor consists of building of the reactor constructing, reactor auxiliary constructing, turbine constructing, diesel generator constructing and different security associated constructions in 64 months.
L&T is at the moment additionally executing related works of Kudankulam three and four models in the identical location.
Shares of L&T closed at 1.48 per cent decrease at Rs 1,525.45 apiece on the BSE on Thursday.