NTPC Re-tendering Rs 600 Crore Wind Power Plant Contract

By Narsi Santhanam • Oct 21st, 2009 • Category: Uncategorized

State-owned NTPC Ltd plans to again ask for bids to farm out a Rs 600 crore contract to set up a 100 MW wind power project as some firms who placed bids for an earlier tender failed to meet requirements and the utility also wanted greater participation.

Wind power firms Suzlon Energy Ltd and Vestas Wind Technology India Pvt. Ltd had shown interest in the earlier tender.

The firm has signed an agreement with the Asian Development Bank for generating 500 MW of renewable energy. In addition, NTPC also plans to spend Rs6,000 crore to set up two wind power projects of 500MW each in Karnataka and Maharashtra.

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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