GOI Nods For INR400 Billion Power Equipment Order For NTPC, Damodar Valley

Published: 27-Aug-2009

The Government of India (GoI), in a move to help overcome power shortage in the country, has approved a power equipment order that requires an estimated investment of INR400 billion, for the upcoming thermal power plants of NTPC and Damodar Valley, reported The Economic Times.

S Jaipal Reddy, the urban development minister, said: "The Cabinet Committee on Infrastructure approved the proposals for induction of supercritical technology through bulk ordering for 11 units of 660MW each by NTPC and DVC. The most important condition of this approval is the development of phased indigenous manufacturing of supercritical equipment in the country."

Power generator NTPC, subjected to the government approval, would float tenders for procuring the equipment for these 11 units, envisaging an investment of approximately INR400 billion, within 45 days.

In order to bid for the bulk order, there is a necessary pre-condition of domestic manufacturing base. Of the total 11 units, three are for NTPC's joint venture with the Bihar State Electricity Board for super thermal power plant at Nabi Nagar in Bihar.

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