Country's largest power producer NTPC Ltd has earmarked a whopping Rs1.5 trillion investment for sourcing equipment for its power projects in the next fiscal, the deliveries of which will be made over five years
"We will place orders for equipment next (financial) year... deliveries would be for five years," CMD NTPC Arup Roy Choudhary said.
"It (the order) is valued at about Rs1.5 trillion," Mr Choudhary said adding these equipment are for the 75,000MW capacity that NTPC plans to add by 2017.
The public sector company also hopes to see global companies bidding in this tender.
"We are encouraging foreign manufacturers to participate in our projects," he added.
NTPC which plans to add over 4,000MW capacity during the current fiscal recently tied up with a Japan-based Bank of Tokyo-Mitsubishi UFJ for a $300 million loan.
This is to part finance its capital expenditure plans on its ongoing and new projects.
Meanwhile, Bharat-Forge Alstom joint venture emerged as the lowest bidder for supplying turbine-generator sets to NTPC for its future projects.
The tender for sourcing boilers for the same plants is yet to open next month.
On Thursday, NTPC ended 1.73% down at Rs187.15 on the Bombay Stock Exchange, while the benchmark Sensex declined 2.31% to 19,242.36 points.
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