The Hindu : Business : L&T signs pact with Mitsubishi

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Tuesday, Nov 14, 2006
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L&T signs pact with Mitsubishi

Staff Correspondent

MUMBAI: Larsen & Toubro (L&T) has signed an agreement with Mitsubishi Heavy Industries Ltd. (MHI) of Japan for transfer of technology for the manufacture of super critical boilers that can meet the requirements of mega power projects being planned in India. The investment in the venture is about Rs. 450 crore.

Under the agreement, MHI will grant an exclusive licence for 20 years and transfer the knowhow and technical information to the Power Business Unit of L&T. The areas covered under this agreement include design, engineering, manufacture, testing, inspection, erection, installation, commissioning, operation, repair, services and retrofitting of super critical boilers including pulverisers.

The licence would cover output range from 300 MW to 1,000 MW for nominal super critical coal fired thermal power plants. MHI has also expressed interest to be a joint venture partner of L&T in this business area. The use of supercritical parameters in large power plants results in decrease of the turbine cycle heat rate, thereby increasing the operating efficiency. This leads to reduced fuel consumption and helps in conservation of fuel resources. Supercritical parameter monitoring also helps in reducing emissions, especially of green-house gases.

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