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Technopromexport bags Barh project contract

Thursday, 03 Mar 2005
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National Thermal Power Corporation has placed the EPC contract valued at Rs.1,900 crore for the 1,980 MW Barh super thermal power project at Barh in Bihar on Technopromexport (TPE) of Russia.

The Russian company has piped domestic major Bharat Heavy Electricals and Doosan of Korea, in the race.

It is reported that NTPC awarded the contract to TPE despite its failure to meet pre-qualification criteria. NTPC, nevertheless, awarded the contract to TPE in view of their track record, and that TPE had submitted the lowest bid. It is learnt that BHEL's bid, in this case, was the highest.

TPE, in 2004, had bid for NTPC's Sipat thermal power project in Chhattisgarh, but could not bag the contract.

TPE, owned by the Russian government, has successfully executed 160 thermal power plants with aggregate capacity of 69,800 MW in 35 countries.

Related News:

CCEA approves Rs.8,963 crore investment in Barh power project (24-Feb-05) 

 

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