Power Minister Sushilkumar Shinde today said the joint venture between state-run NTPC and BHEL should focus on building equipment other than boilers, turbines and generators, as there is a dearth of companies engaged in the construction of such machinery in the country.
"There is a shortage of balance of plant (BOP) equipment in the market. Lot of companies are developing boilers, turbines and generators," Shinde said at the Operational Performance and excellence awards organised by NTPC.
"For sometime, NTPC-BHEL JV company should do only the balance of plant equipment, after that, they may go BTG sets," he added.
NTPC-BHEL Power Projects is a 50:50 JV firm formed in April, 2008, with a focus on engineering, procurement and construction contracts, besides the manufacture and supply of equipment for power plants.
The JV has an order book of about Rs 450 crore. It is targeting an order book of Rs 7,000 crore by the end of the current fiscal (2010-11).
more at:
http://www.business-standard.com/india/news/ntpc-bhel-jv-should-focusbop-equipment-shinde/125633/on
Sunday, February 13, 2011
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