December 02, 2008

L&T secured INR 244 crore contract from Sterlite energy

It is reported that Larsen & Toubro's railway division has secured a INR.244 crore contract from Sterlite Energy, a part of the Vedanta Group, to set up a dedicated railway siding for its 4x600 MW coal based power plant in Jharsuguda district of Orissa.

As per the report, L&T will be responsible for facilitating the 38 kilometer railway track that will start from the plant to the nearest rail head.

The rail line will be used to carry around 16 million tonnes per annum of coal required for the power plant. The project is scheduled to be completed within the next 16 to 18 months.