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Larsen & Toubro secures Rs 5,000 to Rs 10,000 crore contract for Chandrapura thermal power plant
07-Oct-2026, 11:06

Larsen & Toubro Ltd. is currently down 0.85% to Rs 3737.8, extending recent declines that include a 0.59% drop over the last one week.

Larsen & Toubro’s Energy CarbonLite Solutions has secured a Limited Notice to Proceed (LNTP) from DVC CIL Power Private Ltd for the main plant package of the 2x800 MW Chandrapura thermal power plant in Jharkhand, representing a project with an estimated value of Rs 5,000 to Rs 10,000 Cr. The contract, awarded on October 7, 2026, encompasses the design, engineering, manufacturing, supply, erection, testing, and commissioning of key components including boilers, steam turbines, generators, and electrostatic precipitators, and will contribute 1,600 MW to India’s electricity generation capacity once the project secures environmental clearances and the LNTP period concludes. According to L&T, the project reinforces the company's position in the thermal power sector and supports India’s growing power needs.

Trading volume reached 1.99 lakh shares today, a decrease of 91.69% compared to the average volume over the last one week. Larsen & Toubro Ltd. posted a modest gain of 0.22% year-over-year, outperforming the 9.18% loss registered by the NIFTY50 index.