×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

NTPC earmarks 1.5 lakh crore investment for power projects

Last Updated 08 December 2010, 09:05 IST

"We will place orders for equipment next (financial) year...deliveries would be for five years," CMD NTPC Arup Roy Choudhary told reporters on the sidelines of SCOPE event.
"It (the order) is valued at about Rs 1,50,000 crore," Choudhary said adding these equipment are for the 75,000 MW capacity that NTPC plans to add by 2017.

The public sector company also hopes to see global companies bidding in this tender.
"We are encouraging foreign manufacturers to participate in our projects," he added.
NTPC which plans to add over 4,000 MW capacity during the current fiscal recently tied up with a Japan-based Bank of Tokyo-Mitsubishi UFJ for a USD 300 million loan.

This is to part finance its capital expenditure plans on its ongoing and new projects.
Meanwhile, Bharat-Forge Alstom joint venture emerged as the lowest bidder for supplying turbine-generator sets to NTPC for its future projects.

The tender for sourcing boilers for the same plants is yet to open next month.

ADVERTISEMENT
(Published 08 December 2010, 09:05 IST)

Follow us on

ADVERTISEMENT
ADVERTISEMENT