Mumbai, Mar 19: Engineering giant Larsen and Toubro Limited today laid the foundation stone for upgrading its facility in Hazira to ramp up its manufacturing capacity of super-critical boilers and super-critical turbine generators to 4000 mw per annum.
The foundation stone for the upgraded facility was laid at Hazira today in presence of Mr.A.M.Naik, Chairman and Managing Director, L&T, and Mr Ichiro Fukue, Representative Director, Mitsubishi Heavy Industries Ltd, the company said in a release here. L&T is the only private sector company in India to enter the space of super-critical boilers and steam turbine generators. The company would be manufacturing and marketing these critical components of the large power plant through two separate joint ventures with Mitsubishi Heavy Industries (MHI), a global leader in this business.
L&T holds 51 per cent in both the JVs with MHI holding 49 per cent. The JVs would have an investment of Rs 1500 crore. The JVs had already started their operations in existing facilities at Hazira last year and have already constructed two new workshops. To further add capacities by 4000 mw, the new dedicated facilities coming up at Hazira marks a significant milestone in India' s power sector.
Super-critical boilers and turbines were integral components of energy efficient, coal-based power plants. They would help meet the demand supply gap for power plant equipment as India ramped up its power generation capacity using the super-critical technology.