NTPC Ltd plans to float a tender to supply super critical equipment valued at $4.2 billion (around Rs19,200 crore) in a move that should bring some solace to power equipment makers, but only those who manufacture in India because that will be a condition in the tender.
By doing so the tender rules out imports from China; over the past year, Indian power equipment makers have opposed the cheaper imports from China.
The equipment NTPC wants to buy will help it achieve higher plant efficiencies and economies of scale, besides being environment-friendly.
The tender will be for around eight units of 800MW.
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