Reliance Infra emerges as lowest bidder in tender floated by NTPC: Report

12 Jan 2018 Evaluate

Reliance Infrastructure (RInfra) has reportedly emerged as the lowest bidder in an Rs 567 crore EPC tender, floated by NTPC for setting up a system, which will remove sulphur dioxide from the exhaust gases of the Jhajjar power plant. The national power company runs a 1,500-MW thermal coal-based power plant at Jhajjar, Haryana. The plant has three units of 500 MW each.

RInfra has emerged as the lowest bidder amid stiff competition from other EPC players such as BHEL, L&T and Mitsubishi Hitachi Power Systems.

RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.

Reliance Infra Share Price

270.50 4.25 (1.60%)
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Company Name CMP
NTPC 335.95
Tata Power 394.15
Power Grid Corp 277.05
Adani Power 533.70
Torrent Power 1343.00
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