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NTPC to invite fresh bids for Odisha plant

Last Updated: Tuesday, April 2, 2013 - 20:24

New Delhi: State-owned NTPC would invite fresh bids for securing power gear for its proposed 1,600 MW thermal power plant at Darlipalli in Odisha, after BGR Energy, one of the equipment suppliers, pulled out of the project recently citing non-progess.

"We will issue fresh tender inviting bids for power equipment to be supplied at the Darlipalli project," Chairman and Managing Director NTPC Arup Roy Choudhury said here.

BGR Energy had bagged the contract for supplying turbines and generators, while the boilers will be supplied by state-run BHEL.

When asked if the new tender would include fresh bids for boilers along with TG (turbine and generator) set, Choudhury said, "May be both."

However, he did not specify the timeline for the invitation of bids.

BGR Energy pulled out as project work is yet to start at the plant due to non-availability of various clearances and physical possession of land. The contract was valued at Rs 800 crore.

The project requires approximately 1,600 acres of land.

The main plant equipment (boilers, turbines and generators) order was finalised in November 2011. The boilers (800 MW) would be supplied by state-run BHEL and the T&G (turbines and generator) sets by BGR Energy.

BGR Energy is an EPC (Engineering, Procurement and Construction) provider.

The 1,600 MW Darlipali project is part of the bulk tender projects and is linked to the Dulanga coal mine, with seven million tonnes capacity, in Odisha.

Meanwhile, the company has also signed loan agreements worth Rs 1,870 crore with three public sector banks, to partially finance its capital expenditure plans.

The company has planned a capex of over Rs 20,000 crore of which a majority amount has been raised.

These loans have a tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC.


First Published: Tuesday, April 2, 2013 - 20:24
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