NTPC bags Rs 43 crore contract in Bangladesh

NTPC Consultancy, a part of the state-run power major, has secured a six-year contract to provide operations & maintenance services at the Siddhirganj Peaking Power Plant in Bangladesh.

NTPC said the contract, which was won through international competitive bidding, would also mark the entity’s foray into the international O&M services space. The contract is worth about Rs 43 crore or US  US $8.8 million and will be funded by the International Development Association.

“Notice of Award  has been received for operation and maintenance services for 2×120-MW gas-based Siddhirganj Peaking Power Plant  from Electricity Generation Company of Bangladesh Ltd (EGCB),” the statement said.

The contract is expected to be signed in Dhaka this month. NTPC also offers engineering and project management consultancy services, among others, to clients within and outside the country.

The power producer has an installed capacity of 34,854 Mw, according to its website.