ABFPL bags Rs 1,570 cr NTPC order

Image
BS Reporter Mumbai/ Pune
Last Updated : Jan 20 2013 | 3:24 AM IST

Alstom Bharat Forge Power Limited (ABFPL), a joint-venture between Bharat Forge Ltd and Alstom, has bagged Rs 1,570 crore order from National Thermal Power Corporation (NTPC) Limited for power producer’s upcoming Supercritical thermal power project in Solapur in Maharashtra.

The order is for engineering, manufacturing, supply, erection and commissioning of 2x660Mw supercritical steam turbine generator islands (TG Islands), a company statement said.

Supercritical plants use steam with very high temperatures and pressure, resulting in a much higher efficiency than conventional coal-fired plants. This results in lesser consumption of coal and lower emissions per unit of power produced.

Last year, ABFPL had emerged as the lowest bidder for NTPC's bulk tender for supply of 11x660 MW TG Islands.

The company has further stated that it was expecting to bag an additional order for three units for the Nabinagar Project from Nabinagar Power Generating Company Pvt Ltd (NPGCPL), a JV between NTPC and Bihar State Electricity Board (BSEB).

An Letter of Intent (LoI) to ABFPL for this project has already been issued.

"Bharat Forge’s world-class manufacturing capabilities and Alstom’s globally-renowned technology prowess have been synthesised in this venture to make India an international manufacturing hub for power equipment. As part of its breakout growth strategy, Bharat Forge is committed to strengthen India’s rapidly growing economy by manufacturing advanced, technology-driven capital goods and ushering in a paradigm change in building sustainable infrastructure to meet aspirations of its 1.2 billion people," chairman of Kalyani Group and ABFPL Baba Kalyani, said commenting on the development.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 25 2012 | 12:55 AM IST

Next Story