L&T Energy CarbonLite Solutions, a business vertical of engineering major Larsen & Toubro, has secured a Limited Notice to Proceed (LNTP) from state-run NTPC Ltd for the main plant package of the 2x800 MW Lara Stage-III thermal power plant in Chhattisgarh, the company said in a stock exchange filing on Thursday.
The formal Notice to Proceed will be issued once the project receives environmental clearance and the LNTP period is completed, L&T said. Based on the company's own order classification, the contract falls in the "Mega" category, valued between Rs 5,000 crore and Rs 10,000 crore.