NTPC BHEL Power Projects Pvt. Ltd (NBPPL), an equal joint venture between state-run companies NTPC Ltd and Bharat Heavy Electricals Ltd (Bhel), is scouting for a technology and an equity partner.
The company plans to set up a manufacturing facility for balance of plant (BOP) equipment by 2011-12 and power generation equipment with a yearly capacity of 5,000MW by 2014-15. BOP equipment comprises coal and ash handling plants and cooling towers among others, and excludes main power plant equipment such as boilers, turbines and generators. The joint venture partners are open to diluting their stakes to 26% each for the project, which will require an investment of around '6,000 crore and provide direct employment to around 6,000 people
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http://www.istockanalyst.com/article/viewiStockNews/articleid/4771101
Tuesday, December 28, 2010
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