NTPC-BHEL Power Projects Pvt Ltd (NBPPL) is hoping to bag contracts worth Rs 6,500 crore for executing thermal power projects in the next two months.
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State-run power producer NTPC may also award a turnkey contract for its 500 MW thermal power station at Singrauli (Madhya Pradesh) to NBPPL.
"The order for the execution of NTPC's Singrauli power station is likely to come to us in 1-2 months," Singh said, adding that the contract is valued at Rs 3,000 crore. An investment of approximately Rs 6 crore is required for generating one megawatt of electricity.
NBPPL is a 50:50 joint venture firm between NTPC and power equipment maker BHEL. It was set up in April, 2008, for carrying out engineering, procurement and construction (EPC) contracts for power projects as well as manufacture and supply equipment in India and abroad. The administrative control of the joint venture firm lies with the Ministry of Heavy Industries and Public Enterprises.
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The company would also do the civil works and supply Balance of Plant equipment (equipment other than boilers, turbines and generators) for a 100 MW Namrup gas-based power station in Assam.
The government plans to add over 78,000 MW power generation capacity during the current 11th Five-Year Plan (2007-12), therefore, there is a need to expand the domestic power equipment manufacturing capability, as also to strengthen related EPC activities.
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