1. L&T Forgings for India’s PHWR Nuclear Program

L&T Forgings for India’s PHWR Nuclear Program

LT Special Steels and Special Forgings (LTSSHF), a joint venture of LT and NPCIL, crossed an important milestone with the manufacture of heavy and complex forgings...

By: | Updated: October 3, 2015 5:50 PM

LT Special Steels and Special Forgings (LTSSHF), a joint venture of LT and NPCIL, crossed an important milestone with the manufacture of heavy and complex forgings for the Steam Generator (SG) of the 700 MWe Pressurized Heavy Water Reactor (PHWR).This landmark achievement affirms, for the first time, India indigenous capability to make all types of forgings for the PHWR nuclear program of the Indian government. It assumes special significance in the light of the Make in India; drive by the Prime Minister, Mr. Narendra Modi.

 

A flag-off ceremony was held for the despatch of the complex primary head and cone shell, on September 23, 2015 at the state-of-art Steel making Forging Facility of LTSSHF at Hazira, near Surat. It was attended by top management personnel from Nuclear Power Corporation of India Limited (NPCIL) and LT.

This achievement has been a culmination of a joint collaborative and persistent technology development effort with extensive trials and learning to achieve nuclear grade quality. Through this indigenous capability build-up, LTSSHF has geared itself for the execution of the future bulk orders in significantly reduced time schedule thus vindicating the vision of founders of this facility towards ensuring nation self-reliance in critical technologies.

LTSSHF is a joint venture of LT and NPCIL. It has a 65000 sq. metre integrated facility to meet the heavy forging requirements of the critical sectors. The facility has already produced many firsts; in India by substituting the imports of such heavy and complex forgings. It is now geared up to take up similar complex and heavy forgings for the nuclear industry.

Background:

Larsen Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion in revenue. It operates in over 30 countries worldwide. A strong, customerndash;focused approach and the constant quest for top-class quality have enabled LT to attain and sustain leadership in its major lines of business for over seven decades.

  1. H
    Harry Potter
    Oct 6, 2015 at 10:56 am
    L&T in melting - devil or the deep blue sea - stake or post losses. Complete stake at Dhamra Port (Rs 2500 crores) to Adani group saved LnT from posting losses in q1-2014. LnT Inra stake to Canadian FII (2000 crores) saved LnT from posting losses in q2-2014. LnT Finance not made any money for shareholders in 6-7 yrs, 10% stake sold to Bains, 1300 crores. Kuttapali Port deal final with Adani. On a look out to sell Rajpura Power plant – cost 9600 crores. Plans to sell 15% stake at LnT Infotech to raise 2k crores. Threatened to pull out from Hyderabad Metro 16 k crores, LnT opts out of GAIL tender to build LNG carrier, ss Kachchigarh Gujarat port project. L&T’s commercial real estate project in Chandigarh sold to Carnival Group – Rs 1785 crores. LnT Halol Shamlaji Tollway defaults on Rs 1014 crore loan. LnT Chennai Tada Tollway defaults on Rs 475 crore loan. Inherent malignancies – Hydrocarbon and Ship Building losses of Rs 900 cr each, Hyderabad Metro cost overruns Rs 4k crores, Rs 5k crores stagnating investment in Defence. Financial mismanagement charges see a dozen leaving L&T Hydrocarbon arm. Aging CXO-MD potion of septuagenarians, leading the pack 73 yrs old Chairman Mr Naik completed 50 yrs with LnT as Paid Employee. LnT stock touched 18 month low of 1412, from all-time and 3 months peak of 1879. Total consolidated debt 2014-15, 90.7 thousand crores. Lost whopping 20 percent in last 3 months ! Post Q2-2015 results 3 yr low of 722 ?? Another Satyam in making - L&T like Satyam was barred by World Bank over FORGERY !
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