NTPC-BHEL Power Projects Pvt Ltd (NBPPL), a 50:50 joint venture of state-owned NTPC and BHEL, for manufacturing power equipment, will start operations next fiscal, a senior company official has said.
“The infrastructure for NTPC-BHEL joint venture company would be ready by March 2012...and it would start production next year (financial year),” NTPC Chairman-cum-Managing Director, Mr Arup Roy Choudhury, who is also the Chairman of NBPPL, told reporters on the sidelines of National Energy Conservation Day here.
The company already has orders in hand, which it received from NTPC and BHEL at the time NBPPL was incorporated in April 2008.
more at:
http://www.thehindubusinessline.com/companies/article2714323.ece
Wednesday, December 14, 2011
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