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India's L&T Power Emerges as Lowest Bidder for 1,320-Megawatt Rajpura Power Plant

BANGALORE, INDIA--November 20, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--L&T Power Development Company Limited (Mumbai), a fully owned subsidiary of Larsen & Toubro Limited (BSE:500510) (L&T) (Mumbai), is likely to develop the $1.29 billion, 1,320-megawatt (MW) Rajpura supercritical thermal power plant in Punjab. Sources indicate that the company has secured the contract by submitting the lowest bid of $0.061 per kilowatt-hour (kWh).

Other companies featured: Adani Power Limited (BSE:533096), Lanco Infratech Power Projects Limited (BSE:532778), Tata Power Company Limited (BSE:500400), Reliance Power Limited (BSE:532939)

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