New Delhi, Nov 11: With eyes set firmly on becoming a multi-national company by 2017, state-owned National Thermal Power Corporation is planning to foray into the West Asian market with two projects in Saudi Arabia and Oman. The power giant is in the race for establishing an integrated power project and desalination plant near Jeddah, a top company official said.

Chairman and Managing Director C P Jain said the company had put in an initial bid for the Shouiba integrated power and desalination project, 10 km from Jeddah.
Jain said it would house a 700-MW oil-fired power project alongside a 170 million gallon-per-day (MGD) de-salination plant.
NTPC has tied up with a consortium comprising Black and Veich to jointly bid for the operations and maintenance contract for the project, he added. Bureau Report