Lakdhanavi wins USD 75 million power plant deal in Andaman and Nicobar Islands

Sri Lankan power sector company Lakdhanavi Limited has won a turnkey contract worth about Rs. 25 billion (USD 75 million) to build a 57 MW natural gas-fired power plant in India's Andaman and Nicobar Islands. The deal marks the company's first entry into India's power plant EPC market.

The plant will be located at Hope Town, Port Blair, on Andaman Island. The contract was awarded after an international competitive bidding process run by NTPC Vidyut Vyapar Nigam Limited (NVVN), where Lakdhanavi was the lowest-priced bidder. The agreement was signed on 21 September 2026 in New Delhi, and Finland-based Wärtsilä Corporation will supply the generating equipment.