Larsen & Toubro (L&T), through its Energy CarbonLite Solutions business, has secured a Mega-value thermal power contract from NTPC Ltd after receiving a Limited Notice to Proceed (LNTP) for the main plant package of the Lara Stage III project in Chhattisgarh, as per the exchange filings.
The order, which L&T classifies in the ₹10,000 crore to ₹15,000 crore "Mega" category, covers the construction of two 800 MW ultra-supercritical generating units with a combined installed capacity of 1,600 MW.
The formal Notice to Proceed will be issued once the project receives environmental clearance and the LNTP period comes to an end.
L&T will execute the project on an Engineering, Procurement and Construction (EPC) basis using ultra-supercritical technology, which delivers higher efficiency while reducing specific emissions.
The company's responsibilities span design, engineering, manufacturing, supply, erection, testing and commissioning.
The package includes boilers, steam turbines, generators, electrostatic precipitators (ESPs), air cooled condensers (ACC), auxiliaries, along with all associated mechanical, electrical, control and instrumentation, and civil works.
Once operational, the plant will contribute 1,600 MW of dependable baseload power generation capacity to India's electricity grid.
According to the company, the project is intended to support the country's rising electricity demand driven by industrial expansion, urbanisation and infrastructure development.
T Madhava Das, Whole-time Director, Senior Executive Vice President & Head – Energy Hydrocarbon Division, L&T, said the award is the company's "third ultra-supercritical project from NTPC in the past two years" and reflects the utility's continued confidence in L&T's engineering and project execution capabilities.
He added that the company remains committed to delivering the project with the highest standards of "quality, safety and operational excellence."
Read More: SBI Raises ₹4,691 Crore Through AT1 Bonds at 7.75% Coupon Rate!
As of 30 July 2026, at 11:50 AM, Larsen & Toubro Ltd share price was trading at ₹3,942 per share, reflecting a surge of 0.27% from the previous trading session.
The LNTP marks another addition to L&T's thermal power portfolio through the Lara Stage-III project in Chhattisgarh. Covering the complete EPC scope for a 2×800 MW ultra-supercritical plant, the project will contribute 1,600 MW of generation capacity to India's power grid upon commissioning.
Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 30, 2026, 2:38 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
