L&T engineering secures nuclear and refinery contracts

15 Apr 2021 CW Team

The heavy engineering arm of Larsen & Toubro (L&T) has won ‘significant’ contracts in Q4 of FY21. L&T brackets ‘significant’ as valued between Rs 1,000 crore and 2,500 crore.

Prominent among the orders is L&T Heavy Engineering’s order for 12 steam generators from Nuclear Power Corporation of India (NPCIL) for the 3 x 700 MWe Pressurised Heavy Water Reactor (PHWR). Fleet orders for reactor headers and pressurisers for GHAVP 1 and 2 units were received in the earlier quarter. The fleet programme consists of constructing 10 units of 700 MWe PHWR with indigenous technology. Steam generators, reactor headers and pressurisers are critical equipment of nuclear island power plants.

L&T heavy engineering also won a reactor system package order for Indian Oil Corporation’s (IOCL) petrochemical project against stiff international competition.

The company states that its Heavy Engineering arm has created a global benchmark in nuclear manufacturing by dispatching first out of the four 700 MWe Steam Generators (SGs) and first Reactor Endshield for Gorakhpur Haryana Anu Vidyut Pariyojana (GHAVP) in 36 months despite COVID-19 pandemic challenges.

Written from a news release.

Image source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..