Larsen & Toubro (L&T), India’s largest engineering, procurement and construction (EPC) player, along with its joint venture partner Mitsubishi-Hitachi Power Systems has secured a large steam generator and associated packages contract for 2×660 (1320) MW thermal power project of UP government in Bulandshahar district. The order comes at a time when thermal power sector is undergoing severe stress and overall boiler, turbine, generator (BTG) orders have depleted consistently over the last four years.
The current utilisation of BTG manufacturing capacities in the country has dropped to 29% as of today compared with 37% in FY16. The total BTG orders in pipeline stands at 8,000 MW while the total manufacturing capacity stands at 27,000 MW.
