Technology, engineering, construction and manufacturing giant L&T has expressed interest in partaking in developmental works in Kerala. This was what actually transpired during a meeting between the Mr AM Naik CMD and the Chief Minister, Mr Oommen Chandy.

According to the sources, L&T has expressed keen interest in the power and roads and bridges sector in the State. During his discussions with the Chief Minister, Mr Naik is learnt to have stressed the credentials of L&T as a private sector company that almost matched the public sector peers in terms of the corporate profile, shareholding pattern and approach to work.

Mr Naik evinced interest in getting involved in the 2,000 MW thermal plant that the Kerala and Odisha Governments are jointly promoting in Odisha.

The Chief Minister is said to have cited the provisions of the promoter agreement which would entail prior consultations with the partner State before committing anything on this front.

The proposed thermal plant, since approved by the Kerala Cabinet, seeks to source coal from Baitharani fields in Odisha.

(Sourced from BL)