Sri Lankan engineering company Lakdhanavi Limited has secured a US$75 million (approximately Rs. 25 billion) contract to build a 57MW natural gas-fired power plant in India's Andaman and Nicobar Islands.

The contract, awarded by India's NTPC Vidyut Vyapar Nigam Limited, covers the engineering, procurement and construction of the plant at Hope Town, Port Blair.

Lakdhanavi, a member of the LTL Group, secured the project through an international competitive bidding process, with Finland-based Wärtsilä Corporation supplying the power-generating equipment.