Little Inch,
I have seen capped valves used for vent and drains in steam power plants. These are required for venting and draining during hydro test. Once hydro test is complete those valves are cap welded. My only guess this is done just make sure that nobody should open those valves after hydro test, because of high pressure high temperature steam inside lines.
If in the future you need to conduct another hydro test (for instance, maintenance or replacement of the lines), they only need to cut one fillet weld to have vents and drains.
Regards,
Curtis