Larsen & Toubro (L&T) outbid Bharat Heavy Electricals Limited (BHEL) to secure over ₹40,000 crore worth contracts from NTPC for three coal-fired power plants. L&T bid ₹43,559.83 crore, surpassing BHEL's ₹45,325.31 crore bid. The projects aim to add 6.4 GW of thermal power capacity and are part of NTPC's efforts to boost energy supply.
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