Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has bagged a contract worth up to Rs 2,500 crore for building two units of Kudankulam Nuclear Power Project.
“The construction arm of L&T has secured a significant order in the nuclear sector from Nuclear Power Corporation of India Ltd (NPCIL) for its heavy civil infrastructure business in India to construct the main plant civil works of the Kudankulam 5 and 6 units,” L&T said in a regulatory filing.
The company did not provide the value of the contracts but said the orders fall under the “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.
The Kudankulam Nuclear Power Plant, located in Tamil Nadu, is India’s first light water reactor of 6 units with a generation capacity of 1,000 MWe each.
L&T said the scope of work includes construction of the reactor building, reactor auxiliary building, turbine building, diesel generator building and other safety related structures in 64 months.
L&T is currently also executing similar works of Kudankulam 3 and 4 units in the same location.
Shares of L&T closed at 1.48 per cent lower at Rs 1,525.45 apiece on the BSE on Thursday.