Adani Power Awards L&T Mega Deal To Develop 8 Advanced Thermal Units
Synopsis
The project will be executed by L&T Energy – CarbonLite Solutions, L&T’s specialist unit for power and low-carbon technologies
Engineering and construction services giant Larsen & Toubro (L&T) has bagged an ultra-mega contract from Adani Power to develop eight advanced thermal power units, each with a capacity of 800 MW, adding up to 6,400 MW of fresh generation capacity.
While the exact contract value was not disclosed, it exceeds ₹15,000 crore, according to a press release by L&T on Monday.
The project will be executed by L&T Energy – CarbonLite Solutions (LTECLS), L&T’s specialist unit for power and low-carbon technologies. LTECLS offers expertise in engineering, manufacturing, and large-scale project execution, with a focus on sustainable power and low-carbon solutions.
The contract covers the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with auxiliaries and integrated mechanical, electrical, and control & instrumentation (C&I) systems. This deal further strengthens the long-standing collaboration between L&T and Adani Power.
“In today’s dynamic energy landscape, where India’s demand for reliable and affordable power continues to grow, this order from the Adani Group reinforces our role as a leading partner in building the country’s critical energy infrastructure,” said Subramanian Sarma, Deputy Managing Director & President of L&T.
Adani Power, India’s largest private-sector thermal power producer, has an installed base exceeding 18,000 MW and is a key contributor to meeting the nation’s baseload electricity demand.
Stock Impact
L&T stock rose as much as 1.6% to ₹3,666, and has gained 1.2% year-to-date. It was among the top five trending stocks on Stocktwits
Adani Power shares were up 0.2% at ₹578. The stock has seen a 10% increase in value YTD.
Retail sentiment for Adani was ‘neutral’. It was ‘bullish’ a week earlier.
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