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NTPC to buy Rs 1.65 lakh crore equipment in 2 years

09 Dec 2010 Evaluate

NTPC, the country’s biggest power producer, plans to buy equipment worth $36.6 billion in the next two years to more than double installed capacity and help reduce blackouts. In the next five years, the company plans to add 25,000 mw of capacity, for which orders will go out in two years' time at a cost of Rs 1.65 lakh crore.
NTPC, which has about 20% of India's installed power-generation capacity, failed to meet its addition target in the year ended March 31 after delays in equipment supplies. The utility has targeted 75,000 mw by 2017.

Peers
Company Name CMP
NTPC 316.85
Tata Power 350.20
Adani Power 196.05
Power Grid Corpn. 253.65
Adani Energy Solut. 1328.45
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