Business & Economy

L&T bags Rs 1700 crore order for 400 MW power plant in Bangladesh

NetIndian News Network

Mumbai, September 16, 2015

Infrastructure major Larsen & Toubro (L&T) today said it had received an order valued at around Rs 1700 crore from Marubeni Corporation, Japan, for setting up the Bibiyana III 400 MW Combined Cycle Power Plant Project of Bangladesh Power Development Board (BPDB).
BPDB awarded the engineering, procurement and construction (EPC) contract for setting up the 400 MW gas based power plant project to Marubeni, which in turn awarded the EPC sub-contract to L&T on turnkey basis, a press release from the company said.
This plant will be located at Nabiganj Upzila in Habiganj district of Sylhet Division, in the north-eastern sector of Bangladesh, at a distance of approximately 130 km by road from Agartala in India.
L&T’s scope of work includes design, detailed engineering, supply, installation and commissioning of the complete power plant on turnkey basis. The plant will incorporate state-of-the-art advanced class gas turbine and generator from Mitsubishi Hitachi Power Systems, Japan, and high efficiency steam turbine and generator from Fuji Electric company, Japan, which will be procured by L&T. 
L&T-Sargent and Lundy, a joint venture company of L&T, will carry out the plant integration and detailed engineering, using proprietary technology of Sargent & Lundy LLC, USA.
The project will be executed by the Gas Based Power Projects Business Unit of L&T Power, based in Baroda.
L&T is currently executing two more gas-based power projects in Bangladesh on EPC basis - the 360 MW Bheramara combined cycle power plant development project of North West Power Generation Co. Ltd. and the 225 MW Sikalbaha combined cycle power plant project of BPDB. Both the projects are in advanced stages of execution, the release added.