Thursday, March 20, 2008

Larsen & Toubro To Ramp Up Manufacturing Capacity

Mumbai: Engineering and construction company Larsen & Toubro Ltd said that it is all set to ramp up its manufacturing capacity of super-critical boilers and super-critical turbine generators to 4,000 MW per annum.

Super-critical boilers and turbines are integral components of energy efficient, coal-based power plants. The company will manufacture and market the critical components for large power plants through two separate joint ventures with Mitsubishi Heavy Industries (MHI) of Japan. L&T holds 51 per cent in the JVs with MHI holding 49 per cent. The joint ventures will have an investment of Rs 1,500 crore, an L&T release said.

The project had begun at the existing facilities in Hazira last year and two new workshops have been constructed. To further add capacities by 4,000 MW, the new dedicated facilities will come up at Hazira.

L&T has developed capabilities to become a single-point solution provider for the power sector. The company is engaged in total EPC contracts for power projects as well as manufacture of complete condensing and feed heating systems for power projects.

L&T-MHI will have product configuration catering to super-critical power plants, ranging between 500 MW and 1,000 MW. The engineering design centre for the boilers is based in Faridabad, near New Delhi, and that for steam turbines in Vadodara, Gujarat.

The new fabrication and manufacturing facilities will be an extension of present complex. The foundation stone for the upgraded facility was laid at Hazira on Wednesday in presence of A.M. Naik, Chairman and Managing Director, L&T, and Ichiro Fukue, Representative Director, Mitsubishi Heavy Industries Ltd.

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