NTPC to bid for stressed as­sets

India Business Journal - - NEWS ROUND-UP -

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.

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