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Areva wins $26 mn order

New Delhi, Feb 17 (IANS) The Indian arm of French energy giant Areva has won a Rs.120 crore (Rs.1.2 billion / $26 million) contract from Larsen and Toubro to provide solutions at the 1,200 MW power plant at Malwa in Madhya Pradesh.

The contract is for supply of equipment including a substation, power transformers and low voltage switchboards, the company said in a statement.

The Malwa plant is scheduled for commissioning in September 2011 and will generate about 28.8 million units of electricity every day. The project is being funded by the state government and the Power Finance Corporation.

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