NTPC power trading arm wins tender for supply of 300 Mw power to Bangladesh

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NTPC power trading arm wins tender for supply of 300 Mw power to Bangladesh

Four companies – including NVVN, Adani, PTC India and Sembcorp — submitted their bids for the tender on 11 January 2018.

New Delhi: India’s state-owned electricity generator NTPC Ltd today announced its power trading arm NTPC Vidyut Vyapar Nigam (NVVN) has emerged as a winner in a tender for supply of 300 Megawatt (Mw) power to Bangladesh.

Bangladesh Power Development Board (BPDB) had invited a tender for supply of 500 Megawatt power from India under short-term basis between June 2018 and December 2018 and also the long-term basis for the period between January 2020 and May 2033.

Four companies – including NVVN, Adani, PTC India and Sembcorp — submitted their bids for the tender on 11 January 2018. The financial bids were opened on 11 February. “NVVN emerged as a successful bidder (L1) both in short-term and long-term for 300 Mw power,” NTPC said in a statement.

The company said the supply of power is likely to begin from June 2018 after the commissioning of the 500 Mw High Voltage Direct Current (HVDC) interconnection between India and Bangladesh.

source: ETEnergyWorld

By | 2018-02-14T02:54:00+00:00 February 14th, 2018|News|Comments Off on NTPC power trading arm wins tender for supply of 300 Mw power to Bangladesh
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