The proposed project at Khulna in Bangladesh is a coal-based thermal power plant with rated capacity of 1,320 Mw (2x 660 Mw).
NTPC's joint venture project with Bangladesh Power Development Board (BPDB) for setting up a 1,320 Mw power plant in Bangladesh is expected to complete secure funds in the next 6-8 months, reports a business daily.
"Financial closure of the Bangladesh project is expected to be completed in 6-8 months' time," an NTPC official has been quoted as saying by the daily.
The joint venture company was incorporated on 31st October, 2012.
The proposed project at Khulna in Bangladesh is a coal-based thermal power plant with rated capacity of 1,320 Mw (2x 660 Mw).
"For the Bangladesh-India Friendship Power Company Private Ltd (BIFPCL), the price bids for main plant of 2x660 Mw were opened on 2nd December, 2015. The respective board of Joint Venture Company has consented for issue of NOA (Notice of Award)," the NTPC official has been quoted as saying.
BHEL has emerged as the lowest bidder for the project worth US$1.6 billion. It may be awarded the project by the end of this month, reports the daily.
The tender for the project was floated by BIFPCL, a 50:50 joint venture between NTPC and Bangladesh Power Development Board (BPDB).
BHEL has outbid Larsen & Toubro (L&T) and two Chinese companies to emerge as the lowest bidder for the project, according to the paper.
"Financial closure of the Bangladesh project is expected to be completed in 6-8 months' time," an NTPC official has been quoted as saying by the daily.
The joint venture company was incorporated on 31st October, 2012.
The proposed project at Khulna in Bangladesh is a coal-based thermal power plant with rated capacity of 1,320 Mw (2x 660 Mw).
"For the Bangladesh-India Friendship Power Company Private Ltd (BIFPCL), the price bids for main plant of 2x660 Mw were opened on 2nd December, 2015. The respective board of Joint Venture Company has consented for issue of NOA (Notice of Award)," the NTPC official has been quoted as saying.
BHEL has emerged as the lowest bidder for the project worth US$1.6 billion. It may be awarded the project by the end of this month, reports the daily.
The tender for the project was floated by BIFPCL, a 50:50 joint venture between NTPC and Bangladesh Power Development Board (BPDB).
BHEL has outbid Larsen & Toubro (L&T) and two Chinese companies to emerge as the lowest bidder for the project, according to the paper.
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