L&T bags significant order to deploy advance welding technology for Global Nuclear Fusion Project

Larsen and Toubro (L&T) on Friday announced that it has won a new significant order from the France-headquartered intergovernmental body – the ITER organisation for deployment of critical advanced technologies for assembly of ports and complex parts with the Vacuum Vessel at the world’s largest nuclear fusion project at Cadarache in Southern France. 

In a regulatory filing, the company said that it has also inked an MoU with the ITER Organization – for technical collaboration on the project. Under the MoU, L&T will help the ITER Organization with the development of ‘state of the art’ technology for the ‘first of a kind’ hardware and assembly of all such fusion relevant systems inside the vacuum vessel of ITER Tokamak to control the plasma operation. The majority of these activities will be in the Tokomak pit at the ITER site.

Also ReadIndia joining trade pillar of IPEF not ruled out : Official

During the COVID pandemic in 2020, L&T had successfully fabricated and completed the early delivery of a stainless-steel high-vacuum pressure vessel (Cryostat) for the ITER project. 

Also Read How the rise of AI in the EV industry drives the need for skilled workers? Power ministry pitches for PLI for transmission equipment Co-operation or contention? An agreement on lowering emissions Eye on festive season: E-commerce firms ramp up fulfilment capacities in small cities

Pietro Barabaschi, Director General ITER, said, “I’m happy to announce the signing of this MoU with Larsen & Toubro. In previous contributions to ITER, L&T has demonstrated its reliability in high-tech manufacturing. This is vital to meeting the technology challenges of the ITER project. I wish to add that India has been a strong partner and contributor to ITER, and we look forward to continued collaboration.”

Anil Parab, Whole-time Director & Sr Executive Vice President – Heavy Engineering and L&T Valves, said, “L&T and ITER are teaming up to combine their strengths to build the world’s largest Tokomak, to prove the feasibility of nuclear fusion as a large scale and carbon-free source, based on the same principles that powers the Sun. The technical collaboration will showcase L&T’s capabilities in high-tech manufacturing in global markets.”

According to the company, the value of significant order is between Rs 1000 crore and Rs 2500 crore,

 » Read More

Related Articles

How billionaires invest and save taxes

When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what

Upcoming LG Electronics India’s Rs 15,000 crore IPO: What’s the catch? 5 key facts investors must know

After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics

Stock market holiday today: BSE, NSE shut for Holi observance

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on March 14 in observance of Holi. Trading in equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day. The commodity derivatives segment will also be shut during the morning session from 9:00 am to 5:00

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

How billionaires invest and save taxes

When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what

Upcoming LG Electronics India’s Rs 15,000 crore IPO: What’s the catch? 5 key facts investors must know

After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics

Stock market holiday today: BSE, NSE shut for Holi observance

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on March 14 in observance of Holi. Trading in equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day. The commodity derivatives segment will also be shut during the morning session from 9:00 am to 5:00

Metal stocks in focus: Top 4 stocks up as much as 10% in 2025

US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow

Top 3 Sell recommendations by Kotak Institutional Equities at this hour

The Indian equity markets have been on a downtrend since they entered 2025. The brokerage house Kotak Institutional Equities has given a ‘Sell’ call on three stocks at this hour. Kotak Institutional Equities on IndusInd Bank: Cuts target price by 40% India’s fifth biggest lender is in deep soup. The negative news is blowing apart