SC permits NTPC’s appeal against Italian Company

by: admin - February 17th, 2012   Filed under: Business

This month govt. might be seemed to put major attention on business sector and does not allow any illegal threat over it.

Yesterday, the Supreme Court disqualified and officially declared invalid the decision took by Delhi High Court over permitting Italian Company to bid for power equipment.

While NTPC had invited bids for supply and installation of Steam Generator package, the super-critical power equipment, for run coal-based thermal power projects across the country.

While Italian boiler manufacturer Ansaldo Caldaie Boilers (ACB) applied for bid, NTPC, following international competitive bidding procedures had dismissed the bid of ACB, on January 5, 2011, due to lacking of minimum qualifying requirements that set out in the bid documents. Read More

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MP to get 50mw solar power from NTPC from 2013

by: admin - December 30th, 2011   Filed under: Science News Add Comment

An agreement regarding the supply of electricity from a 50 mw solar plant, has been proposed by State-run generation utility NTPC to Madhya Pradesh Power Trading Company (MP Tradeco).

NTPC has also tied up in form of a joint venture with the Asian Development Bank (ADB) and Japan’s Kyuden International Corporation (Kyushu) for generation of 500 mw from renewable sources in the next five years.

On the basis of such biggest unit agreement in the country, NTPC proposes to build the solar power plant at Rajgarh and start feeding the grid by 2013. Such the solar power deal has been decided when govt. made clarification from all Central public sector companies to set up renewable energy projects as part of efforts to boost sustainable development. Read More

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