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NTPC signs pact for testing lab

02 Dec 2008 Evaluate

NTPC Ltd, the country’s largest power utility, has announced the signing of a memorandum of understanding (MoU) with its state-owned counterparts NHPC Ltd, Power Grid Corporation of India Ltd and Damodar Valley Corporation.

 

The MoU is inked to form a joint venture company to set up an ‘online high power test laboratory (OHPTL) for short circuit testing facility involving equal equity participation by the four companies. Currently, manufacturers and utility companies are sending their equipment to overseas testing labs which is not only time consuming but expensive as well. The OHPTL facility will test power transformers, LT/HT Switchgears, bus-ducts etc. crackcrack
Peers
Company Name CMP
NTPC 326.50
Tata Power 367.00
Adani Power 207.20
Power Grid Corpn. 266.90
Adani Energy Solut. 1405.00
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