What to Watch. L&T ₹1,080-crore order win bodes well

The power business of Larsen & Toubro has won orders worth ₹1,080 crore. The business has received two orders from NTPC for setting up flue gas desulphurisation (FGD) systems at its supercritical thermal power plants at Khargone, Madhya Pradesh, and Lara, Chhattisgarh. Installation of the FGD systems in existing and upcoming thermal power plants has been made mandatory by the Ministry of Environment, Forest and Climate Change, to curtail SO2 emissions.