NTPC rejects L&T's bid for Rs20,000-crore equipment tender: report
23 June 2010
National Thermal Power Corporation (NTPC), is believed to have rejected Larsen & Toubro's (L&T) bid for a Rs20,000-crore tender for supply of power equipment, media reports quoting brokerage sources said.
The bid through L&T Power, the electrical equipment arm of the engineering and construction giant, was rejected on technical grounds that it lacked expertise in manufacturing super-critical equipment.
NTPC had invited bids for supply of 11 sets of supercritical boilers and turbines for 11 thermal power stations, based on supercritical technology, at five locations under a government programme.
NTPC was to award the contract to the best two bidders for boilers and the best three for turbines.
While Bharat Heavy Electricals Ltd (BHEL), JSW-Toshiba, Bharat Forge and Ansaldo, the other bidders, are reported to have been qualified, BHEL is reported to be the single bidder for the order as of now.
L&T had bid for another NTPC tender for the supply of boilers for power plants, for which it received two bids.