LTLarsen & Toubro

L&T arm gets a limited notice to proceed for two 800 MW units at Chandrapura in Jharkhand

L&T Energy CarbonLite Solutions received a limited notice to proceed from DVC CIL Power for the main plant package of the 2×800 MW Chandrapura thermal project, an order L&T put at up to ₹10,000 crore.

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Sector
Engineering and construction

What happened

  • DVC CIL Power, a 50:50 joint venture of Damodar Valley Corporation and Coal India, gave L&T Energy CarbonLite Solutions a limited notice to proceed (LNTP) for the main plant package of the Chandrapura thermal project, according to Upstox and Indian Masterminds.
  • The project has two ultra-supercritical units of 800 MW each, 1,600 MW in total.
  • The scope covers design, engineering, manufacturing, supply, erection, testing and commissioning of boilers, steam turbines, generators and electrostatic precipitators, with related mechanical, electrical, control and civil works.
  • Upstox reported the order value as up to ₹10,000 crore. It said the formal notice to proceed follows environmental clearances.
  • The shares closed at ₹3,692.00, down 2.07%.

Why it matters

Good to know: A limited notice to proceed lets work start on a defined part of a contract before every condition is met. The full notice to proceed comes later.

Key facts

Client
DVC CIL Power (Damodar Valley Corporation and Coal India)
Project
Chandrapura, Jharkhand: 2 × 800 MW
Order value (Upstox)
Up to ₹10,000 crore

Read the source

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