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NTPC invites bids for Khargone project in Madhya Pradesh

LiveMint logoLiveMint 08-06-2014 PTI

New Delhi: Country’s largest power producer NTPC Ltd has invited bids for construction of the 1,320-MW Khargone thermal project, estimated to cost `7,000 crore.

Bids have been sought for EPC (Engineering Procurement and Construction) package for the Khargone super thermal power plant coming up in Madhya Pradesh. The plant would have two units, each having a generation capacity of 660 MW.

The state-run major plans to finance the EPC package for Khargone plant through External Commercial Borrowings (ECB) and own resources, according to the tender document issued on Saturday.

Scope of work include design, engineering, manufacture, supply, construction, erection, testing and commissioning works for the EPC package.

NTPC would be awarding the work through international competitive bidding process that would have two stages—techno-commercial and price bids.

The utility is already working on projects, together having about 4,800 MW capacity in Madhya Pradesh. These include 1,600 MW Gadarwara and 2,640 MW Barethi plants.

Overall, the power producer has an installed generation capacity of 43,108 MW.

Meanwhile, recently, NTPC had put in place a detailed policy on banning business dealings involving unprofessional and frivolous vendors.

Under the policy, an agency could be banned on various grounds, including instances where it “employs a public servant dismissed/removed or employs a person convicted for an offence involving corruption or abatement of such offences”.

Besides, an agency could face ban if its proprietor has been guilty of malpractices such as bribery, corruption and fraud.

The power utility accounts for nearly 30% of the country’s overall electricity generation.

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