Return
to Story Page
To print: Select File and then Print from your
browser's menu
PRESS TRUST OF INDIA
NEW DELHI, JAN 7: State-owned National Thermal Power Corporation (NTPC) has shortlised multinational Asean Brown Boveri (ABB) and Bharat Heavy Electricals Ltd (BHEL) for plant package of its Rs 8,000 crore Talcher Phase-II power project in Orissa.
A decision to award the contract for supplying the equipment to the 2,000 mw super thermal power project would be taken at a board meeting later this month, corporation sources said.
The first unit of 500 mw would be made operational during the Ninth Plan period itself and the remaining units of 500 mw each coming up by the end of the Tenth Plan, the sources said.
NTPC has already faced a time slippage of over 15 months in the project, including in inviting bids and shortlisting of the equipment suppliers, due to delay in the commitment from the World Bank for funding about Rs 3,000 crore for the plant, they said. The multilateral lending agency had not given any commitment for the loan due to sanctions imposed on New Delhi due to its nuclear tests at Pokhranin may last year.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
------------------------------------------------------------
This story was printed from Net Express located at http://www.expressindia.com. Net Express provides a portal to India, with news from The Indian Express and The Financial Express along with sites on travel and tourism, the entertainment industry, the power sector, the environment and much more.
------------------------------------------------------------