Question : NTPC BHEL JOINT VENTURE



(a) whether NTPC-BHEL has formed a joint venture in Andhra Pradesh.

(b) if so, the details thereof.

(c) the amount released so far for this project, and

(d) the progress made in this regard?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI PRAFUL PATEL)

(a): Yes Madam.

(b): NTPC and BHEL has formed a Joint Venture named NTPC-BHEL Power Projects Private Ltd. (NBPPL) having its Registered office in Delhi. Manufacturing plant of this Joint Venture is being set up at Mannavaram village in Chittor District of Andhra Pradesh. NBPPL was formed on 28.04.2008 with following objectives:

To explore, secure and execute Engineering Procurement and Construction (EPC) contracts

To engage in manufacturing and supply of Equipments for Balance of Plant (BoP).

(c): An amount of Rs. 50 Crore has been released by the promoters in equal proportion of Rs. 25 Crore each.

(d):(i) All major Civil Works have been ordered and are under various stages of completion.

(ii) Technology Tie-up for Coal Handling Plant has been signed.

(iii) Ordering of Major Machine Tools and Trial operations, commissioning of plant is planned by March’2012 and March’2013 respectively.