L&T bags international contracts
The heavy engineering arm of Larsen & Toubro has won significant contracts for critical reactors, equipment and systems for process plant sector, against stiff global competition.
The Power Enabler
Established in 1985 as a small enterprise in collaboration with a German company, Salzer Electronics today is a dynamic chain of four factories.
A Mechanical Engineer by qualification, Gurdeep Singh, CMD, NTPC, has over 28 years of experience in power generation sector. He started his career with NTPC and has worked at various levels in both Indian and multi-national companies such as Powergen, CLP, IDFC, CESC and AES.
Larsen arm wins Rs 1,656-cr contract from ONGC
L&T Hydrocarbon Engineering Ltd, a wholly-owned subsidiary of L&T, has bagged an off-shore contract for the Neelam Re-Development and B173AC project from ONGC valued at Rs 1,656 crore. The contract encompasses EPC, installation and commissioning for the project.
Solutions that empower customers will flourish
We believe a lot more smartness, integration and capability, lot more solution-oriented approaches have to happen to give customers more empowered solutions and I think to me that is the direction. Now empowerment can go down to the last man for example we have only a single tariff applicable all through the day and not dual tariff and no peak time tariff.
Engineering giant Larsen & Toubro (L&T) has set its succession plan rolling by elevating SN Subrahmanyan as deputy Managing Director (MD) and President from October 1.
Given the fact that a significant quantity of coal will continue to dominate India´s energy generation, energy efficiency becomes vital. As per the thumb rule: higher efficiency in the generation of electricity means, lower consumption of coal per unit of electricity generated.
A static mission
Private firms in the sector are keen on becoming integrated players by investing in the transmission sector, where the rate of return is on a par with the generation sector (around 16 per cent).
There seems to be some traction in the wake, especially
in the electrical and power equipment sector in India. When posed with some tricky questions, a surprising wave of positivity appeared among private industry leaders over the government´s tall claims of having a level playing field in this sector.