GE Power bags Rs 17.83-bn order for air quality control systems from NTPC

Shares of GE Power were trading 1.97% higher at Rs 825 apiece on BSE

STRESSED ASSETS
Press Trust of India New Delhi
Last Updated : Oct 31 2018 | 2:24 PM IST

GE Power India Wednesday said it has bagged orders worth Rs 17.83 crore from NTPC for installation of air quality control systems at four of its power plants.

The four power plant projects are Solapur Super Thermal Power Project - 2x660 MW, Tanda Super Thermal Power Project Stage II - 2x660 MW, Feroze Gandhi Unchahar Thermal Power Project -1x500 MW and Meja Thermal Power Project - 2x660 MW, by Meja Urja Nigam Private Ltd (a JV of NTPC and UPRVUNL).

"GE Power India Ltd has been awarded four contracts by NTPC Ltd for installation of air quality control systems for a combined value of Rs 1,783 crore (USD 247 million)," the company said in a regulatory filing.

The installation of Wet Flue Gas Desulphurization (Wet FGDs) will take 33 months for the first unit and 39 months for the second unit from the date of award of the contract, it added.

Shares of GE Power were trading 1.97 per cent higher at Rs 825 apiece on BSE.

*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: Oct 31 2018 | 1:25 PM IST

Next Story