September 07, 2008

Global firms in race for Sasan supply contract

ET reported that at least 5 global equipment majors are in the race for supply contract of main power equipment to Reliance Power’s Sasan ultra mega power project.

The players reported to be in the race are
1. Ansaldo from Italy
2. Doosan from South Korea
3. Toshiba from Japan
4. Power Machines from Russia
5. Shanghai Electric from China

The report cited a source close to the development as saying that "The discussions are now in final stages and the selection of the boiler, turbine and generator supplier would be made very soon. All major equipment suppliers are currently in Mumbai to submit their final offers to the company. It has sought boiler, turbine and generator package for unit size 660 MW. The successful vendor would be one that offers the best price along with a very good delivery schedule."

As per report, Reliance Power is expected to finalize the order worth over INR 5,000 crore for boiler, turbine and generator package soon for its 4000 MW ultra mega power project as it has put work on Sasan UMPP on the fast track to advance commissioning schedule for two 660 MW units within the Eleventh Plan period. It has already submitted mine plan for captive coal mine to the ministry of coal. The forest and environment impact assessment clearances are also expected soon. On the land front also, initial hurdles have been removed and the company expects full possession of land by April 2008 end. It would achieve financial closure by October 2008.