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Lakdhanavi Limited secures a USD 75 million contract to construct a 57 MW power plant in India.

Nov 15, 2026

Contract Type

contract

EnergyRenewable EnergyConstruction

Description

Lakdhanavi Limited has won a turnkey contract worth USD 75 million to develop a natural gas-fired power plant in India’s Andaman and Nicobar Islands. This project will enhance the region's electricity infrastructure and ensure long-term energy security.

Quick answer

Lakdhanavi Limited secures a USD 75 million contract to construct a 57 MW power plant in India. (November 15, 2026).

What agreement did Lakdhanavi Limited announce on November 15, 2026?
Lakdhanavi Limited has won a turnkey contract worth USD 75 million to develop a natural gas-fired power plant in India’s Andaman and Nicobar Islands. This project will enhance the region's electricity infrastructure and ensure long-term energy security.
What does Lakdhanavi Limited do?
Lakdhanavi Limited has evolved from its Sri Lankan roots into a significant regional power-sector company, providing expertise across project development, engineering, procurement, construction, commissioning,...
Which similar companies announced contracts around the same time?
Bharat Heavy Electricals (Bhel) (November 7, 2026), SKA Capital Bhd (October 26, 2026), Repsol (November 13, 2026) and DexMat (November 13, 2026) also announced agreements within 45 days of Lakdhanavi Limited.

Source: Fundz verified event record.

Other recent agreements in Energy and Renewable Energy

Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.

Company Information

Company

Lakdhanavi Limited

About

Lakdhanavi Limited has evolved from its Sri Lankan roots into a significant regional power-sector company, providing expertise across project development, engineering, procurement, construction, commissioning, operation, and maintenance. With more than 25 years of experience, Lakdhanavi has implemented over 1.1 GW of power projects and operates power plants representing approximately 900 MW. The company identifies quality, integrity, innovation, and efficiency as important values that guide its approach to delivering reliable power infrastructure. Its sustainability and community responsibility initiatives include activities related to education, environmental protection, and community development.

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