NTPC to bid for stressed assets
NTPC has not yet bid for any stressed power assets or submitted any EoI so far, according to the Staterun utility's Chairman and Managing Director Gurdeep Singh. "We are very keen on bidding for the right asset, but we have not yet put any bid or EoI so far," Mr Singh has said. "There are different types of assets available in the market. There are around 10,000-12,000 mw of assets which are good. NTPC's focus, as such, would be on those assets that are in a good shape but are just stuck in bad contracts," Mr Singh adds.