BGR Energy said that it had emerged as the lowest bidder for supplying nine units of 800 MW steam turbine and generator systems to NTPC.

BGR in a regulatory filing after the market close said that "The company has emerged as the lowest bidder in the tender called for by NTPC for supply of nine units of 800 MW steam turbine and generator units.”

Among others, BGR Energy is into turnkey engineering and contracting for Balance of Plant as well as offering engineering, procurement and construction services for power projects.

According to the company, it is awaiting complete technical and commercial details of bids in this regard.

The filing noted that "However, we have gathered that we are the lowest bidder and would be awarded with contract for supply of five steam turbine and generator units for a value of about INR 3,500 crore.”

(Sourced from BS)