L&T, BHEL and Korea's Doosan Queue Up For Rs 14,000 crore NTPC JV Order - Dollar Advisory Financial Services

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Monday 20 March 2017

L&T, BHEL and Korea's Doosan Queue Up For Rs 14,000 crore NTPC JV Order

Larsen & Toubro, Bharat Heavy Electricals and Korea’s Doosan are in race for a Rs 14,000-crore order from NTPC Ltd’s arm to supply equipment and set up its 3x800-MW coal-based plant as part of the company’s expansion project at Patratu in Jharkhand’s Ramgarh district, according to an official at one of the bidders.

The successful bidder will have to execute the project on an engineering, procurement and construction basis. Shortlisted candidates — that'll be selected on the basis of technical qualifications — will have to submit financial bids. The entire process is expected to take three months, the official said.

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