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Alstom, Bharat Heavy Said to Win Orders for 11 Turbines From NTPC, India

Bharat Heavy Electricals Ltd., Alstom SA and Toshiba Corp. are among power equipment makers that are set to win orders for 11 turbines from Indian state-run power producers, according to two people familiar with the matter.

Bharat Heavy will provide four so-called supercritical turbines of 660 megawatts each at two sites, one belonging to NTPC Ltd. and another to state-run Damodar Valley Corp, the people said, declining to be identified before a formal announcement. A venture between Alstom and Bharat Forge Ltd. will be awarded five 660 megawatt units and Toshiba and JSW Energy Ltd. will supply two units, they said today, after NTPC selected the suppliers.

The contracts may be worth 11 million rupees ($244,730) per megawatt, one of the people said. That would value the total orders at about 79.9 billion rupees.

NTPC, India’s biggest power producer, aims to accelerate construction of plants to end blackouts that curtail growth in Asia’s third-biggest economy after failing to meet its expansion target this fiscal year. Chairman Arup Roy Choudhury said today the utility plans to add 3,100 megawatts of capacity in the year ending March 31 and 5,500 megawatts in the following 12 months,.

NTPC, based in New Delhi, plans to place orders worth at least 328.5 billion rupees for generators by March 31, Chairman Choudhury said Nov. 29.

“We haven’t received the awards yet because the projects have yet to receive environmental clearances,” Bharat Heavy Chairman B.P. Rao said by telephone from New Delhi today.

The company will award the contracts for the 660 megawatt boilers in the three months starting Jan. 1, NTPC’s Choudhury said today, without naming the suppliers. The company plans to open bidding for 800 megawatt boilers by March, he said.

To contact the reporters on this story: Kartikay Mehrotra in New Delhi at kmehrotra2@bloomberg.net.

To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net.

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