Ajoint venture (JV) between Paris-based Alstom SA and Bharat Forge Ltd edged out state-run Bharat Heavy Electricals Ltd (Bhel) to emerge as the lowest bidder, entitling it to the majority share of a Rs.9,200 crore tender, part of the single largest order ever for supply of power generation equipment.
Power sector analysts termed it a “game changer” for the Indian power equipment manufacturing sector, as the winning bid is as competitive as the prices offered by Chinese suppliers such as Shanghai Electric Group Co. Ltd, Dongfang Electric Corp. and Harbin Power Equipment Co. Ltd.
The order was floated by state-run power utility NTPC Ltd for the supply of 11 supercritical turbine generator (TG) sets of 660MW each. Supercritical equipment improves the efficiency of power plants in terms of better fuel utilization and lower emissions.
more at:
http://www.livemint.com/2010/10/08213939/AlstomBharat-Forge-edgeoutB.html?atype=tp
Friday, October 8, 2010
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