Friday, April 15, 2011

NTPC floats Rs 5,200 cr tender

State-run NTPC on Friday floated a Rs 5,200 crore tender to source equipment for its beleaguered Kawas and Gandhar expansion projects in Gujarat for which the company is fighting a legal battle with Reliance Industries .

"We have issued the tender for 1300 MW Kawas and Gandhar each expansion projects in Gujarat," a company official said.

The value of the tender would be around Rs 5,200 crore. BHEL, and Larsen and Toubro are likely to bid for the tender.

NTPC is in a legal tussle with Mukesh Ambani-led RIL for supply of gas for these projects. The case is pending in the Bombay High Court.

ref:
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/ntpc-floats-rs-5200-cr-tender/articleshow/7988267.cms

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