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GE Power secures contract worth Rs 2311 crore from NTPC

01 Jul 2019 Evaluate

GE Power India has been awarded three contracts from NTPC to supply and install Wet FGD systems for a combined value of Rs 2311 crore. The company’s scope includes design, engineering, civil work, supply, erection and commissioning of Wet FGD systems along with auxiliaries including limestone and gypsum handling systems and wet stack on full turnkey basis. In addition, GE’s scope for IGSTPP Jhajjar (3x500 MW) also includes ten years of operation & maintenance including the supply of spare parts.

GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.

Peers
Company Name CMP
Larsen & Toubro 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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