NTPC and Bharat Heavy Electrical Ltd. (BHEL) have finalised plans to manufacture nearly 5,000 MW of power equipment annually and hope to secure nearly Rs.7,000-crore worth orders by the end of this year.
NTPC BHEL Power Projects (NBPPL), which made a detailed presentation to the Ministry of Heavy Industries and Public Enterprises on Thursday, has outlined a capital investment of Rs.6,000 crore to become a major player in the field of power generating equipment, it said.
NBPPL is a 50:50 joint venture company between NTPC and BHEL for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as for manufacturing and supplying equipment in India and abroad to meet the needs of power equipment in the power sector expansion plans.
NBPPL Chairman and Managing Director C. P. Singh said the manufacturing plant was being set up in Andhra Pradesh for which the Andhra Government has already allotted 750 acres at YSR Puram.
In the first phase, EPC and balance of plant (BoP) manufacturing facilities will be completed by 2012-13. In the second phase, manufacturing facilities of turbine, generator and boilers will be completed by 2014-15.
Mr. Singh said on completion, the integrated plant would have an installed capacity to manufacture 5,000 MW of power equipment annually.
ref:
http://beta.thehindu.com/business/companies/article452193.ece
Thursday, June 10, 2010
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