L&T Share Price in Focus; Secures LNTP for Mega Order of 1,600 MW Thermal Power Plant

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. 

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EPC Package Covers Complete Power Plant Systems 

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.  

Project To Add 1,600 MW To National Grid 

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.  

Executive Highlights Long-Term NTPC Association 

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! 

L&T Share Price Performance  

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. 

Conclusion 

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.  

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