New Delhi: State-run NTPC on Tuesday said it has inked a pact with Electricity Generation Company of Bangladesh (EGCB) to provide operation and maintenance services (O&M) for a power plant in the neighbouring nation.
The contract is worth about Rs 43 crore.
File photo of cooling towers at the NTPC Ltd. power station in Dadri. Bloomberg
It is also the single largest overseas order received by NTPC, making its foray as an overseas O&M operator.
NTPC would offer O&M services for the 2x120 MW Gas-based Siddhirganj Peaking Power Plant near Dhaka.
“Services to be provided by NTPC includes Transition Management & Take Over services, O&M of owner’s facility, Recruitment & Training of owner’s staff, Health, Safety, Quality and Environment Management for a period of six years,” NTPC said in a statement.
EGCB would get funds for this O&M services from the International Development Association (The World Bank).
India’s largest power producer, NTPC has an installed capacity of 35,354 MW, while 13,588 MW is under construction.