Sunday, May 23, 2010

'We want to be an Indian MNC in the power EPC space'- NTPC Bhel Power Projects Pvt Ltd (NBPPL),

NTPC Bhel Power Projects Pvt Ltd (NBPPL), a 50: 50 joint venture (JV) between NTPC and Bhel, is emerging as a key player in the domestic power sector EPC domain. Though the company started operations only recently, it has bagged orders worth Rs 450 crore. It expects an order book of Rs 7,000 crore by March 2011. NBBPL is investing Rs 6,000 crore to set up a 5,000 mw a year power equipment manufacturing facility in the Chittoor district of Andhra Pradesh, which should improve power equipment supply in the country and help expedite the pace of capacity addition in generation. NBPPL chairman CP Singh spoke with FE’s Noor Mohammad about the company’s strengths as an EPC (engineering, procurement and construction) contractor....

more at:
http://www.financialexpress.com/news/--We-want-to-be-an-Indian-MNC-in-the-power-EPC-space--/622594/

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