Larsen & Toubro (NSE: LT) has been awarded a comprehensive contract to construct a supercritical thermal power project in Rajasthan, India.

The contract is worth $1.04bn and is a 2×660 MW development and the first complete engineering, procurement and construction (EPC) project awarded by a state utility on the private sector.

Larsen & Toubro
Both units are expected to be completed within 45 months.

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