L&T has received a Limited Notice to Proceed from NTPC for the 1,600 MW Lara Stage-III thermal power project.
The company classifies the project as a "Mega" order, covering contracts worth ₹5,000 crore to ₹10,000 crore.
The EPC project will use ultra-supercritical technology and add 1,600 MW of baseload capacity once commissioned.
