Thursday, January 1, 2009

Ravi Uppal joins L&T Power as MD cum CEO

Ravi Uppal, till now head of global markets and member of group executive committee of engineering major ABB, has joined Larsen and Toubro as head of its power unit, L&T Power.

Mr Uppal has been appointed as managing director and chief executive officer of L&T Power, the Mumbai-based L&T said in a statement on Thursday.

"I am sure that Mr Uppal's presence will give further impetus to our thrust on the power sector," said L&T chairman AM Naik.

Mr Uppal is credited with the accelerated growth and turnaround of ABB's business in India and in the Asia Pacific region also, as its regional president, before taking up the role at the group level. He had earlier established Volvo's operations in India as its founding managing director and personally led the introduction of several new transportation concepts, including the highly successful intercity coaches of Volvo.

L&T, which has identified power as one of its thrust areas for the future, is making a major entry into generation and is set to become one of India's largest players in the supply of power island equipment including boilers, turbines, generators and related auxiliaries for super critical power plants rated to 1050 megawatts, said the L&T statement.

L&T has already set up joint ventures with Mitsubishi Heavy Industries for the manufacture of boilers and turbines. Advanced manufacturing facilities for these units are currently under construction. The company also has in place joint ventures with European and US majors for power plant engineering and auxiliary systems.

Source: Agencies

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