Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
22 June, 2017 21:58 IST
Larsen & Toubro arm wins Rs 3 bn export orders from Japan
Source: IRIS | 19 May, 2017, 12.39PM
Comments  |  Post Comment

The Power Business of Larsen & Toubro (L&T) through its  venture company L&T-MHPS Boilers Private (LMB) has secured export orders worth approximately Rs 3 billion from Mitsubishi Hitachi Power Systems (MHPS), Japan.

The LMB contracts include supply of pressure parts to 2x1000 MW and 1x650 MW power plants in Indonesia and Japan, respectively, for water wall panel, coils, piping and header.

LMB is currently executing eight export orders for the supply of pulverisers and pressure parts to various MHPS projects in Japan and Indonesia. LMB has already executed 11 export orders for supply of pressure parts, pulverisers and engineering services to the Middle East, Africa and South East Asia.

Shares of the company declined Rs 19.7, or 1.14%, to trade at  Rs 1,702.20.  The total volume of shares traded  was  49,356 at the BSE (12.31 p.m., Friday).



Larsen & Toubro Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Strides Shasun, Vivimed Labs achieve closure to set up JV in India, Singapore - 22-Jun-2017 14:26
PI Industries enters into JV agreement with Kumiai Chemical - 22-Jun-2017 14:22
Lupin launches generic Topicort LP Emollient Cream, Topicort cream in US - 22-Jun-2017 14:17
Prism Cement's arm completes expansion of vitrified tiles capacity at Morbi - 22-Jun-2017 10:27
Nila Infra bags work order worth Rs 251.6 mn from AMC - 22-Jun-2017 10:25
NHPC inks MoU with Ministry of Power for 2017-18 - 22-Jun-2017 10:21
Glenmark Pharma gets tentative approval for generic Vesicare tablets - 22-Jun-2017 10:11
Alembic Pharma receives USFDA nod for Amantadine HCl capsules - 22-Jun-2017 10:04
HDFC Bank partners with ZineOne for rich digital banking experience - 21-Jun-2017 16:04
Reliance Defence to form JV with French Co Thales - 21-Jun-2017 14:04
Reliance Defence to form JV with French Co Thales - 21-Jun-2017 14:04
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer