Wednesday, August 17, 2011

NTPC to stop bulk tendering for equipment

In an attempt to create a level playing field for all power generation equipment manufacturers in the country, state-run NTPC Ltd plans to opt out of the current practice of bulk tendering that includes conditions, which assures orders go to another state-owned firm Bharat Heavy Electricals Ltd (Bhel).

This assumes significance given the plans of India’s largest power generation utility.

NTPC currently has a power generation capacity of 34,854 megawatts (MW) and has projects totalling 14,088MW under construction. Equipment for 16,192MW is under the tendering process, with the firm targeting an installed capacity of 75,000MW by 2017 and 128,000MW by 2032. NTPC plans to award orders for equipment meant to generate 40,000MW during the 12th Plan (2013-17) for value of about Rs.2 trillion.

more at:
http://www.livemint.com/2011/08/17224849/NTPC-to-stop-bulk-tendering-fo.html?atype=tp

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